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2611 DIXIE Highway Waterford Twp, MI 48328
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Key Details
Sold Price $375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,666 sqft
Price per Sqft $102
Subdivision Suprvr'S Plat No 14 - Waterford Twp
MLS Listing ID 2210029551
Sold Date 08/23/21
Originating Board Realcomp II Ltd
Year Built 1944
Annual Tax Amount $5,748
Lot Size 0.730 Acres
Acres 0.73
Lot Dimensions 101.00X200.00
Property Description
Investment Income Opportunity, 6% Cap Rate, Net Operating Income of $29,500.00 after Taxes and Insurance provides ample opportunity for leverage in the current mortgage market. Four Retail Spaces on Dixie Hwy are occupied and tenants have a solid history with the location. Back site building is also occupied; one residential and one commercial.
Location
State MI
County Oakland
Area Waterford Twp
Zoning Commercial,Office
Direction Between Scott Lake & Silver Lake Rd on the West side of Dixie
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Heat Source Natural Gas
Exterior
Pool No
Roof Type Rubber
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Pontiac
Others
Tax ID 1313177026
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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