$300,000
$300,000
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23804 VAN BORN Road Dearborn Heights, MI 48125
1,092 SqFt
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $274
Subdivision Dearborn-Telegraph-Twnlne Sub-Dbn Hts
MLS Listing ID 20230087398
Sold Date 11/20/23
Originating Board Realcomp II Ltd
Year Built 1948
Annual Tax Amount $4,215
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 186.50 x 66.00
Property Description
7.2% Cap Rate. NNN Lease in place with long term tenants at the site. Great business location situated off of heavily traveled intersection of Telegraph Road and Van Born Road. Many national retailers in the immediate area including Walgreens, Wendys, Aldi, Subway, Burger King, Etc. Property has great exposure with room to expand building (4 additional lots included in the sale). Ample onsite parking.
Location
State MI
County Wayne
Area Dearborn Heights
Zoning Commercial
Direction East of Telegraph on the North side of Van Born
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Other
Schools
School District Dearborn Heights
Others
Tax ID 33047020129302
Ownership Short Sale - No,Private Owned
Assessment Amount $10
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with RE/MAX Team 2000