121 E Walled Lake Dr
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121 E Walled Lake Dr
1,132 SF Retail Building Walled Lake, MI 48390 $271,000 ($239/SF)
Investment Highlights
- HIGH TRAFFIC AREA
- PLENTY OF ON STREET PARKING
Executive Summary
Fantastic opportunity to own the real estate and a business. As the public goes back to work you could own a "drop off" cleaning and tailoring business. This business has been established for 30 years and the Owner is just ready to retire. The building is in a high traffic and prosperous area of Walled Lake with plenty of free public parking and may be the only retail building available at this time in this area of Walled Lake. City will allow expansion of a two story apartment or other business. Don't let this opportunity pass - CALL TODAY for a private showing.
PLEASE ONLY CONTACT THE LISTING AGENT DENNIS LELAND IN REGARD TO THIS LISTING. ANY CALLS MADE TO GARY J. REGGISH WILL NOT BE RETURNED.
PLEASE ONLY CONTACT THE LISTING AGENT DENNIS LELAND IN REGARD TO THIS LISTING. ANY CALLS MADE TO GARY J. REGGISH WILL NOT BE RETURNED.
Taxes & Operating Expenses (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,600
|
$1.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,600
|
$1.41
|
Taxes & Operating Expenses (Actual - 2021)
| Taxes | |
|---|---|
| Annual | $1,600 |
| Annual Per SF | $1.41 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,600 |
| Annual Per SF | $1.41 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,132 SF
Building Class
C
Year Built
1948
Price
$271,000
Price Per SF
$239
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.07 AC
Zoning
BI
Parking
4 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
18 FT on East Walled Lake Dr
Amenities
- 24 Hour Access
- Freeway Visibility
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $146,740 (2024) | |
| Land Assessment | $0 (2024) | Annual Taxes | $1,600 ($1.41/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$146,740 (2024)
Annual Taxes
$1,600 ($1.41/SF)
Tax Year
2021
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121 E Walled Lake Dr
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