Orion Twp, MI 48362,511 HEIGHTS RD

$325,000

Est. payment /mo

$399,900

18.7%
Est.Price: ?

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511 HEIGHTS RD Orion Twp, MI 48362

2,000 SqFt

SOLD DATE : 01/11/2019

Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $162

Subdivision University Sub - Orion Twp

MLS Listing ID 218106088

Sold Date 01/11/19

Originating Board Realcomp II Ltd

Year Built 1939

Annual Tax Amount $3,721

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions IRREGULAR

Property Description

Opportunities like this don't come around often. Fully running Party Store with Resort Liquor License, Lotto, Beer & Wine, Pizza/Deli (inventory is sold separately). Newer roof, coolers, furnace and expandable pizza oven are just some of the store updates. Step across the street to deeded dock/lake access to All Sports Lake Orion. The Pedal Boat Pub stops here too - just imagine the possibilities to expand the business. Full 2nd story on the store has a separate entrance and may be renovated for additional storage. Possibly office or rental space (subject to Township approval). There is also a clean, 2 bedroom, nicely renovated 900 sqft ranch home that's included in the sale. Live in it to run the business or use as additional income. Tenant has a lease until 8/1/2019 (950.00 per month), but would stay on long term. Possible short term Land Contract. Serious Inquiries only, property is priced to sell.

Location

State MI

County Oakland

Area Orion Twp

Zoning Commercial

Direction M-24/LAPEER RD TO WEST ON HEIGHTS

Interior

Hot Water Natural Gas

Heating Central Air, Forced Air

Heat Source Natural Gas

Exterior

Waterfront Description Lake/River Priv

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Crawl

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Structure Type Wood

Schools

School District Lake Orion

Others

Tax ID 0911307025

Ownership Private Owned,Short Sale - No

SqFt Source ESTIMATE

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

Financing Cash,Conventional,Land Contract

Special Listing Condition Full Service

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Realcomp MLS
Listed by Jill L Gourand of National Realty Centers Birmingham
Bought with Beacon Real Estate Company

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