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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1202 Catalpa Dr , Royal Oak, MI 48067
$1,155,000
Est. Payment: $2,566.67/mo
0 Bed
0 Bath
7500 Sqft
Status: Active | Days on site: 3
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390021 - 265468
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Great opportunity to buy four free standing commercial/retail buildings well located in Royal Oak. Zoned "Neighborhood Business II" which offers a wide variety of uses. Lots of parking behind the buildings. 1202 Catalpa is vacant and can be viewed prior to an accepted offer. 1114-116 Catalpa consists of two separate buildings generating $3,075 a month. 1110-1112 Catalpa is a multi tenant building generating $2,500 a month. Owner pays tax, lawn, snow and grass. Tenants pay utilities and all tenants are on month to month. 150 feet of total frontage on Catalpa making it an ideal location for a redevelopment as well.
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Highlights

Listed by Robert Coburn , 586-662-4444 RE/MAX First , 248-375-4000.

Property Type

Commercial Sale
Lot/Acreage
0.2

Year Built

1963

County

Oakland

 Neighborhood

Royal Oak City

 School District

Royal Oak

Listing ID

20261074138

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Roof:Rubber
Principal Interest
$2,567
Taxes
$2,074

Home Price

$1,155,000

Loan Details

30 yrs
%

Down Payment

20%
$231,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,566.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,566.67 $2,073.75 $0.00 $4,640.42
Yearly $30,800.00 $24,885.00 $0.00 $55,685.00
Total $924,000.00 $746,550.00 $0.00 $1,670,550.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Royal Oak, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.