Waterfront
Address
33409 Grand River S Grand River Avenue Farmington, MI
Price
$ 989,000
Property Attributes
  • ID#2200080638
  • TypeCommercial
  • CountyOAKLAND
  • CityFarmington
  • AreaFarmington
  • NeighborhoodFRED M WARNERS ADD NO 2
  • Zip48335
  • StyleRETAIL, SERVICE, OFFICE, ENTERTAINMENT/LEISURE
  • Year Built1925
  • Taxes19401
  • Price$ 989,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11400
Listing Provided Courtesy Of:
Suburban Real Estate Group
Data Source:
REALCOMP II LTD.
Property Description

EXCEPTIONAL INVESTOR, OR OWNER/USER OPPORTUNITY IN FARMINGTON'S FLOURISHING DDA DISTRICT*PURCHASE BEFORE THE COMPLETION OF RECENTLY ANNOUNCED REDEVELOPMENT PLANS WITHIN THE DISTRICT*A UNIQUE MIXED USE PROPERTY WITH OFFICE, RETAIL, SERVICE AND ENTERTAINMENT/LEISURE FOR GREATER STABILITY OF OPERATIONS*A WELL MAINTAINED PROPERTY WITH STRONG TENANT PROFILE*PRIVATE LOT OF 14 SPACES ALLOWS FOR RESERVED PARKING AND OFFERS SIGNIFICANT REDEVELOPMENT/EXPANSION OPPORTUNITY*ADJACENT TO LARGE MUNICIPAL PARKING LOT FOR EASY CUSTOMER ACCESS*CLOSE TO CITY HALL, LIBRARY, RESTAURANTS & PARKS*PREMIUM GRAND RIVER FRONTAGE*CONVENIENT ACCESS TO MAJOR FREEWAYS*CURRENT VACANCY EST ADDITIONAL RENT $2000/MO*BROKER IS PARTNER IN BUILDING****INCLUDES PROPERTY ID: 23 28 278 005 (33409 THRU 33419 GRAND RIVER AVENUE) AND PROPERTY ID: 23 28 278 004 (33423 THRU 33425 GRAND RIVER AVENUE/2 STORY BUILDING)

Price History
9/29/2020 Listed $989,000

General Features

Business Type Office, Retail, Service
Commercial Type Commercial, Real Estate Only
Construction Materials Brick, Brick Siding, Stucco/EIFS
Cumulative Days on Market 201
Current Use RETAIL, SERVICE, OFFICE, ENTERTAINMENT/LEISURE
Gross Scheduled Income 143720.00
Heating Central Air, Forced Air
Listing Agent Public Id 067634
Net Operating Income 98082.00
Operating Expense 45638.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 2328278005
Possession At Close
Property Type Commercial
School District Farmington
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name FRED M WARNERS ADD NO 2
Terms Offered Cash, Conventional
Total Sq Ft 11400
Transaction Type Sale
Year Built 1925
Year Remodeled 1999
Zoning Commercial, Office

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Basement, Crawl
Foundation Materials Block, Poured
Frontage Feet 106
Lot Size Area 0.00
Lot Size Dimensions 106X70X100X87
Roof Material Asphalt, Built-Up
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via The Gammo Team Brokered By EXP Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of April 23, 2021 4:17 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48335

Price
AVG $100K
$990K
Taxes
AVG $8,071
$19,401
Visits
AVG 35
38
Year Built
AVG 1984
1925