15332 E FORT $1,150,000

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    15332 E FORT Southgate, MI 48195

    • 4,105 sq.ft.
    • 0.31 Acres
    • Commercial
    MLS# 219047802 | Active

    $1,150,000

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    Days On Market: 121 1 Views
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    Property Details

    16% CAP Rate. WOW- Operators or Investors- Fantastic Very Profitable Medical Practice, Pharmacy and Building Included all at this below market price. Bonus- Land Contract with Low Down Payment and Low Interest Rate/Terms. Owner is earning approximately $300,000.00 Profit. Will Accept Land Contract for $345K Down, 3-5 year Terms, and 5 % interest with VERY LOW $1800/MO Payment. You Can't beat this Deal. Practice has been in business for over 35 years. Turning away new Patients due to overload with other Practice. Showings by appointment only. Fantastic Business for Investors or as a Practice for Resident/MD or MD looking to expand business. Licensed agent must be physically present at all showings. No virtual tours.

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Subdivision FORT CHERRY SUB
      • Commercial Type Business And Real Estate
      • Business Type Medical, Office
      • Current Use Internal Medicine Business
      • Lot Size Area 0.31
      • Zoning Commercial
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1965
      • Sqft Total 4,105
      • Operating Expense $0
      • Net Operating Expense $300,000
      • Gross Scheduled Income $750,000
      • Tax Amount - Summer 7296.0000
      • Tax Amount - Winter 1380.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
      • Sqft Office 4,105
      • Office Heating Central Air, Forced Air
      • Plant Heating Forced Air
    • Property Features
      • Commercial Utilities Employee Lunch/Lounge, Security Alarm
      • Road Frontage Type Paved
      • Frontage Feet 150
      • Distance To Interstate 10
      • Lot Size Dimensions 150 X 90
      • Water Source Municipal Water
      • Sewer Sewer at Street
    • Schools
      • School District Southgate

    Contact

    Monica Hillman

    Associate Broker

    RE/MAX Masters

    Cell: 734-818-0062

    Neighborhood

    48195 (Southgate) Demographics

    44Median Age
    4,302Population Density (per sq. mile)
    27%College Educated
    $51,138 Estimated Median Income
    7,883Estimated Total Home Owners
    4,680Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    29,355Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $146,000 Median Sales Price
    3 Homes Sold
    40 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,150,000
        5/21/2019 4:43:00 PM New in Database Source

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Copyright 2019 Realcomp II Ltd. Shareholders.