Located in the highly populated high density single and multiple family, business/business services corridor just east of the City of Downtown Farmington. This leased building is located less than 1/8 mile North of Grand River in Farmington Hills on Hathaway Street in the center of "Dealer Row". Hathaway runs N-S next to Seller's Buick-GMC on Grand River which is immediately West of the M -5/Grand River/10 Mile exit. The current Lease runs through December of 2025 with annual renewal options there after. The building has been well maintained: The roof carries a full materials warranty from the manufacture. Drone flyover pictures and interior pictures of the current lease occupant's operations are available on the listing site. The Lease was extended until 12/25 in 2023 at $8.400 per month GROSS. The building is currently SBA financed by the owner.
General Information
Sale Price: $929,000
Price/SqFt: $108
Status: Active
MLS#: rcomi20230100470
Originating MLS: Realcomp2
City: farmington hills
Post Office: farmington hills
Schools: farmington
County: Oakland
Acres: 0.67
Lot Dimensions: 100 x 296
Size: 8,640 sq.ft.
Acreage: 0.67 est.
Year Built: 1998
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $7,623 Est. Winter Taxes: $2,253
