$440,215
For Sale

41630 6 Mile Road

Northville, MI 48168
Browse 19 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The BENEFIT of this Commercially Zoned Land *** 0.85 Acres *** Located in Northville Township with Northville Schools and Northville Mailing. Located on 6 Mile Road between Haggerty and Northville Roads, the location is on a main corridor linking I-275 to many households throughout Northville. This parcel offers an amazing opportunity for the commercial investor/developer. The lot is zoned Office Service making a prime location for Financial Institute, Medical Office, Professional Office (Law, IT, SBA, Engineering), Day care / Preschool, Religious Institute, Dance School, Music School, Art Studio, Essential Services, Fitness, education, Consulting, Therapy and many other options. LIST PRICE REPRESENTS THE MINIMUM CONTRACT PRICE OF ORIGINAL 10 YEAR LEASE. THE PROPERTY IS OFFERED ON A LAND LEASE AT $3,200 PER MONTH (1ST YEAR). THE LEASE TERM IS EXPECTED TO BE A MINIMUM OF 10 YEARS WITH EXTENSIONS OUT TO 100 YEARS..
The BENEFIT of this Commercially Zoned Land *** 0.85 Acres *** Located in Northville Township with Northville Schools and Northville Mailing. Located on 6 Mile Road between Haggerty and Northville Roads, the location is on a main corridor linking I-275 to many households throughout Northville. This parcel offers an amazing opportunity for the commercial investor/developer. The lot is zoned Office Service making a prime location for Financial Institute, Medical Office, Professional Office (Law, IT, SBA, Engineering), Day care / Preschool, Religious Institute, Dance School, Music School, Art Studio, Essential Services, Fitness, education, Consulting, Therapy and many other options. The Office Service (OS) District is intended to provide a variety of office uses and personal services to meet the demonstrated public need at appropriate locations. THE PROPERTY IS OFFERED ON A LAND LEASE AT $3,200 PER MONTH (1ST YEAR). THE LEASE TERM IS EXPECTED TO BE A MINIMUM OF 10 YEARS WITH EXTENSIONS OUT TO 100 YEARS. Your future commercial development will be located in an area that has great needs and little competition. WITH THE LAND LEASE, YOU CAN BEGIN YOUR PROJECT WITH MINIMAL UPFRONT INVESTMENT. The possibilities are vast. City Water, City Sewer, Natural Gas, Electric, Cable and Phone accessible at street. Excellent location, very convenient to I-275, Haggerty Corridor, local parks, 1000s of Northville households, nearby schools and churches, and other communities such as Livonia and Plymouth. Privately owned lot, please make an appointment to walk the property. LAND LEASE TERMS ARE NEGOTIABLE AND EXPECTED TO START AT $3200 PER YEAR WITH 3.00% INCREASES EVERY YEAR. Build your investment here! LIST PRICE REPRESENTS THE MINIMUM CONTRACT PRICE OF ORIGINAL 10 YEAR LEASE.

  • Property Details
      • Lot DescriptionLevel, Buildable, Sidewalk, Wooded, Corner Lot
    • Measurements
      • Acres0.85
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesPhone Available, Storm Sewer, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, B
  • Community and Neighborhood Details
      • School DistrictNorthville
      • CountyWayne
  • Financial Details
      • Original List Price$384,000
      • Buying Agency Compensation2.00
      • Days on Market (Cumulative)205
  • Other
      • MLS #24021804

Location

Suzanne Sloan | Five Star Real EstateReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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