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Jim Blehm

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

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16983 W 10 Mile Rd , Southfield, MI 48075
$190,000
Est. Payment: $422.22/mo
0 Bed
0 Bath
1208 Sqft
Status: Active | Days on site: 134
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House Description

THIS BUILDING WAS HOME TO A RECORDING STUDIO AND STORAGE WAS ITS LAST CURRENT USE. BUILDING SITS ON A BUSY COMMERCIAL MAIN ROAD WITH MULTIPLE BUSINESSES. FANTASTIC LOCATION WITH INCREDIBLE VISIBILITY TO TRAFFIC, THIS BUILDING IS CLOSE TO MAJOR EXPRESSWAYS. HAS 3 OFFICES AND SECRETARY AREA WITH LOBBY. FULL BASEMENT OFFERS LOADS OF STORAGE. LONG DRIVEWAY WITH PLENTY OF PARKING IN FRONT AND IN THE BACK. THIS WAS A HOME ORIGINALLY CONVERTED TO AN OFFICE BUILDING IN 1993 AND HAS BEEN THE SAME SINCE. NEW ROOF TEAR OFF IN 2015 APPROVED. THE BASEMENT IS 1208 SQUARE FOOT. THIS BUILDING CAN BE USED FOR MULTIPLE PURPOSES SUCH AS STORAGE, BARBERSHOP,MEDICAL, SPA, OFFICE, SALON AND OTHER RETAIL. POSSIBILITIES ARE ENDLESS. INVESTOR SPECIAL. LAND CONTRACT TERMS AVAILABLE. SELLER FINANCING AVAILABLE. $50,000 down payment with 7% interest with a monthly payment of $2113 amortized over 7 yrs, (84 months) ALSO FOR LEASE FOR $2,000 PER MONTH

Highlights

Listed by James J Toma , 248-249-4999 Brookstone, Realtors LLC , 248-963-0505.

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1959

County

Oakland

Neighborhood

Southfield City

Listing ID

20251056282

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Interior Features

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

Exterior Features

Principal Interest
$422
Taxes
$247

Home Price

$190,000

Loan Details

30 yrs
%

Down Payment

20%
$38,000
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:
$422.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $422.22 $247.33 $0.00 $669.56
Yearly $5,066.67 $2,968.00 $0.00 $8,034.67
Total $152,000.00 $89,040.00 $0.00 $241,040.00

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 (Southfield, 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.