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$239,900 For Sale

7550 S Van Dyke Road
Burnside Twp, MI 48453

12 units |
3,500 sq ft;
lot: 2.99 acres
Commercial: Commercial - MLS# 218085832
Property Photo

Description

12 unit Motor Lodge with 70% occupy. Set up with 8 Studio / 5 One Bedroom with office and laundry area.Remodeled in 2013 with newer heating system, hot water tank new exterior doors and over-sized septic system. All units have refrigerator and microwave and larger units have full kitchens. Water tested annually and wifi and cable is available.DO NOT APPROACH THE OCCUPANTS!!

Features

  • Architecture Level: 1 Story
  • Commercial Type: Business And Real Estate
  • Commercial Utilities: 3 Phase Power, 220v Available, 440v Available, Cable TV
  • Construction Materials: Block/Concrete/Masonry, Brick
  • County/Area: Lapeer County
  • Exterior Features: Gazebo, Private Entry
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Frontage Feet: 316
  • Gross Scheduled Income: 45000.00
  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Listing Financing: Cash, Land Contract
  • Listing Status: Active
  • Lot Dimensions: 348x316
  • Lot Size: 2.9900
  • Monthly Sales: 6500
  • Net Operating Income: 35000.00
  • Office Heating: Baseboard
  • Operating Expense: 79200.00
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Percent Leased: 75
  • Plant Heating: Window/Wall Unit
  • Property Type: Commercial
  • Road Frontage Type: Class A
  • Roof Material: Asphalt
  • School District: Marlette
  • Sewer: Septic-Existing
  • Sq.Ft.: 3500
  • Sqft Main: 3500
  • Sqft Office: 300
  • Sqft Source: Prd
  • Sub Type: Commercial
  • Unit Efficiency Number Of: 8
  • Unit One Bed Number Of: 5
  • Units: 12
  • Water Heater Fuel: Natural Gas
  • Water Source: Well-Existing
  • Year Built: 1957
  • Year Remodeled: 2013
  • Zip Code: 48453
  • Zoning: Commercial

Courtesy of:

Wilhelm & Associates Realtors
6485 Dixie Hwy.
Clarkston, MI 48346
(248) 625-9500 or (248) 891-1000


                               

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