Address
6743 Highland Road Waterford Twp, MI
Price
$ 1,250,000
Property Attributes
  • ID#2210091885
  • TypeCommercial
  • CountyOAKLAND
  • CityWaterford Twp
  • AreaWaterford Twp
  • NeighborhoodSUPRVRS PLAT NO 31 - WATERFORD TWP
  • Zip48327
  • Styleoffice / apartment
  • Year Built1965
  • Taxes$ 14883
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7416
  • Lot Size0.78 Acres
Listing Provided Courtesy Of:
Real Living Metro Real Estate
Data Source:
RealComp
Property Description

FOR SALE IN HIGH VOLUME TRAFFIC AREA, DIRECTLY SOUTH OF OAKLAND COUNTY INTERNAT'L AIRPORT. THIS BUILDING WAS USED AS AN APARTMENT BUILDING FOR MOST OF ITS LIFE. THE CURRENT OWNER STARTED TO CONVERT IT TO AN OFFICE BUILDING FOR HIS OWN USE AS WELL AS OTHER OFFICE TENANTS. IN THE PROCESS HE PURCHASED ANOTHER BUILDING THAT SUITED HIS NEEDS MORE. SO HE DECIDED TO CHANGE IT BACK TO RESIDENTIAL AND CHANGE THE HEATING SYSTEM TO INDIVIDUAL GFA FURNACES INSTEAD OF THE 1 BOILER HEAT WHICH HE HAD TO PAY THE GAS AND ELECTRIC BILL AND ADD THE MONTHLY COST NET INTO THE RENT. IN THE PROCESS OF HAVING THE CITY INSPECTOR OUT TO APPROVE THE FURNACES BEING INSTALLED, HE WAS INFORMED INFORMED HE NEED TO 1ST GET THE PROPERTY REZONED BACK TO MULTI FAMILY. SO HE HAS DROPPED THE PRICE ACCORDINGLY SO A PURCHASER CAN HANDLE THE REZONE AND COMPLETE THE CONVERSION BACK TO APARTMENTS AND FINISH THE INSTALLATION OF THE FURNACES.......LAND CONTRACT WITH 30% DOWN....

Price History
11/2/2021 Listed $1,250,000

General Features

Business Type Medical, Office, Service, Wholesale
Commercial Type Apartments, Business And Real Estate, Business Opportunity, Commercial, Industrial
Construction Materials Aluminum, Brick
Cumulative Days on Market 68
Current Use office / apartment
Deposit Amount 375000.00
Gross Scheduled Income 0.00
Heating Central Air
Land Contract Yes
Listing Agent Public Id 409601
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 1320101019
Possession At Close
Property Type Commercial
School District Waterford
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name SUPRVR'S PLAT NO 31 - WATERFORD TWP
Terms Offered Cash, Conventional, Land Contract
Total Sq Ft 7416
Transaction Type Sale
Year Built 1965
Year Remodeled 2004
Zoning Commercial, Light Industrial, Office

Interior Features

Heating Fuel Natural Gas
Total Units 10

Exterior Features

Architecture Level 2 Story
Foundation Slab
Foundation Materials Brick
Frontage Feet 135
Lot Size Area 0.78
Lot Size Dimensions BUSINESS ONLY
Water Source Water at Street, Well-Existing

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary 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), © 2022 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 January 15, 2022 3:21 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 Commercial Average in 48327

Price
AVG $480K
$1.25M
Taxes
AVG $59,393
$14,883
Visits
AVG 102
10
Year Built
AVG 1989
1965
Walkscore
AVG 39
40
Data Provided by Walkscore ® not using MLS data