17,920 sq ft;
lot: 0.93 acres
Commercial: Real Estate Only - MLS# 20240078773
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Description
This listing features two professional buildings, each offering 8,960 square feet, located at the highly visible intersection of Orchard Lake and Telegraph. Built in 1971 and updated over the years, the property includes well-lit underground parking with 44 spaces and renovated above-ground parking lots with another 44 parking spaces. With a total of 25 office suites of varying sizes, building 1877 is fully occupied, while building 1899 has two vacant suites and two individual office spaces available. Owned and occupied by the same owner for over 22 years, this property is ideal for an owner-user looking to establish or expand their business in a well-established, dynamic location.
Features
- Property Type: Commercial
- Sub Type: Real Estate Only
- Listing Status: Active
- County/Area: Oakland County
- Zip Code: 48320
- Year Built: 1971
- Sq.Ft.: 17920
- Lot Size: 0.9300
- Zoning: Commercial
- Above Grade Finished Area: 17920
- Basement: Yes
- Building Area Source: Public Records
- Construction Materials: Aluminum Siding, Brick
- Cooling: Central Air
- Cross Street: Middlebelt & Telegraph
- Current Search Price: 1500000
- Directions: S of Orchard Lake Rd. W of Telegraph
- Existing Lease: Yes
- Foundation Details: Basement, Block
- Garage: Yes
- Gross Scheduled Income: 180000
- Heating: Forced Air, Natural Gas
- Land Contract Down Payment Amount: 375000
- Land Contract Interest Rate: 7
- Land Contract Monthly Payment: 6000
- Land Contract Term: 60
- Levels: Two
- Listing Service Offered: Accept Present Offers, Adviseon Offers, Arrange Appointments, Assistwith Counteroffers, Negotiatefor
- Listing Terms: Cash, Contract, Conventional
- Lot Size Area: 0.93
- Lot Size Units: Acres
- Main Type: Commercial Sale
- Originating System Name Lookup: Realcomp II Ltd
- Parcel Number: 1906107029
- Parking Features: Garage, Parking Lot, On Site
- Percent Leased: 80
- Possession: Negotiable
- Protection Period: 180
- Road Frontage Feet: 329
- Road Frontage Type: Paved
- School District: Pontiac
- Settlement: Township
- Sewer: Public Sewer
- Source System Name Lookup: Realcomp II Ltd
- Special Conditions Details: Agent Owned
- Special Listing Conditions: Agent Owned, Short Sale No
- State Equalized Value: 515370
- Stories: 2 Story
- Subdivision: Ward Orchards
- Subdivision/Neighborhood: Ward Orchards
- Tax Amount Summer: 15972
- Tax Amount Winter: 6161
- Tax Annual Amount: 22133
- Tax Assessed Value: 451320
- Tour URL Update Date: 2024-10-17T20:22:25.953-04:00
- Water Source: Public
