1877 - 1899 Orchard Lake Rd.
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1877 - 1899 Orchard Lake Rd.
2 Office Properties Offered at $1,500,000 in Multiple Locations
Executive Summary
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 and renovated above-ground parking lots. 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.
Land Contract is available for 25% down, 7% interest, $6000 per month for 5 years.
Land Contract is available for 25% down, 7% interest, $6000 per month for 5 years.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
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| Gross Rental Income |
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| Other Income |
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| Vacancy Loss |
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| Effective Gross Income |
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| Net Operating Income |
$99,999
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Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,500,000 | Status | Active |
| Price / SF | $83.71 / SF | Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.67% | Total Building Size | 17,920 SF |
| Sale Type | Investment | Total Land Area | 1.80 AC |
| Price | $1,500,000 |
| Price / SF | $83.71 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 7.67% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,920 SF |
| Total Land Area | 1.80 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1877 Orchard Lake Rd, Bloomfield Township, MI 48302 | Office | 8,960 SF | 1971 | - |
| 1899 Orchard Lake Rd, Sylvan Lake, MI 48320 | Office | 8,960 SF | 1971 | - |
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1877 - 1899 Orchard Lake Rd.
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