1316-1320 N Campbell Road

    Royal Oak, MI 48067
    • $799,999
    • STATUS: Active
    • ON SITE: 171 days
    • MLS #: 217075218
    Price Reduced
    UPDATED: 101 min ago
    $799,999
    • 0
      BEDS
    • 1.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,056
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Area:
    Zoning: Commercial,Heavy Industrial,Light Industrial
    Lot Size Dimensions: 159X273x154x273

    School Ratings & Info

    School District:

    Description

    Almost 2 acres in Royal Oak. A fantastic property for a setting that has Industrial Multiple zoning. The rent collected will pay for the building. ($6,000.00) and allow you to use the prime part of it for your own business. There are 3 buildings on the property. All are included. The property is at 80% leased. With an opportunity to lease the remaining offices to make a profit. Please when making an appointment that you don't tip off any tenant or workers on the property, about its potential sale. The property can be rezoned to muti-residential with a big of enough property to house a small apartment buildings or two. The agent must accompany any viewing of the property. Excellent traffic for this location. Right on Campbell road. This property is used as a store for for a roofing and home improvement business.business. The remainder of the buildings pay for the mortgage on the property.

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    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-06-17T23:56:48.527.
    www.homesearchannarbor.com/homes/79580317

    1316-1320 N Campbell Road Royal Oak, MI 48067

    • Price: $799,999
    • Status: Active
    • Updated: 101 min ago
    • MLS #: 217075218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.9
    Acres
    15,056
    SQFT
    $53
    $/SQFT
    1954
    Built
    Neighborhood:
    Parkview Sub
    County:
    Oakland
    Area:
    Royal Oak
    School District:
    ROYAL OAK
    Property Description
    Almost 2 acres in Royal Oak. A fantastic property for a setting that has Industrial Multiple zoning. The rent collected will pay for the building. ($6,000.00) and allow you to use the prime part of it for your own business. There are 3 buildings on the property. All are included. The property is at 80% leased. With an opportunity to lease the remaining offices to make a profit. Please when making an appointment that you don't tip off any tenant or workers on the property, about its potential sale. The property can be rezoned to muti-residential with a big of enough property to house a small apartment buildings or two. The agent must accompany any viewing of the property. Excellent traffic for this location. Right on Campbell road. This property is used as a store for for a roofing and home improvement business.business. The remainder of the buildings pay for the mortgage on the property.
    Exterior Features

    Architecture Level 1 Story Construction Materials Block/Concrete/MasonryBrick Distance To Interstate 1 Distance To Rail 1 Foundation Details Slab Foundation Materials Block Interstate YN Yes Lot Size Dimensions 159X273x154x273 Railroad YN Yes Road Frontage Feet 154 Road Frontage Type Class A Waterfront YN No

    Interior Features

    Commercial Utilities 220V Available Heating Cooling Central AirForced Air Heating Fuel ElectricNatural Gas Office Heating Cooling BaseboardCentral Air Plant Heating Cooling BaseboardCentral Air Room Count 0 Sq Ft Main 8643 Sq Ft Office 6413 Sq Ft Source County Rec Water Heater Fuel Natural Gas

    Property Features

    Business Type OfficeRetailServiceWholesale Commercial Type CommercialIndustrial Current Use Multi Tenant Deposit Amount 200000.00 Encroachment YN No Exclusions YN No Gross Scheduled Income 120000.00 Land Contract YN Yes Land Interest Rate 5 Land Terms 24 Listing Financing CashConventionalLand Contract Monthly Sales 10000 Net Operating Income 1.00 Operating Expense 1.00 Ownership Status Private OwnedShort Sale - No Percent Leased 80 Possession 30 Postal City Royal Oak Protection Period 365 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 14848.0000 Tax Amount Winter 1502.0000 Title Private - Owned Total Tax 16350.0000 Unparsed Address 1316-1320 N Campbell Rd Water Source Municipal Water Year Remodeled 2010 Zone Conform YN Yes Zoning CommercialHeavy IndustrialLight Industrial

    IDX provided courtesy of Realcomp II Ltd., via Kaye And Company and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-06-17T23:56:48.527.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104