Listed by KW Commercial Warren/Sterling Heights
$49,900
15390-1 Gratiot Avenue
Details
APN W21I028426C7
Property Type Office, Retail
Sub Type Executive Office, Storefront
Square Footage 2,200
Units 1
Cap Rate 100%
NOI $95,000
Tenancy Single
Price per SqFt $23
Class A
Year Built 1948
Year Renovated 2,015
Buildings 1
Stories 1
Acreage 0.080
Zoning Commercial
Ownership Private
Office | 100.00% CAP | 2,200 SqFt
Marketing description
Absolutely wonderful Location and building In a high demand area, with plenty of national chains across the street, Nicely maintain brick building W/ 2200 ft.² up 2200 ft.² down and a lease with Sign company paying $6000 per year, for a Sign on Roof,(pays for the taxes on the building)
Listing Contacts
Listed by KW Commercial Warren/Sterling Heights
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,000.00
$7,916.67/mo
Valuation Metrics
0
DSCR
190.38%
Cap Rate
190.38%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Address
Is there information that looks off?
