Hamtramck Coney Island | 9741 Joseph Campau St
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Hamtramck Coney Island 9741 Joseph Campau St
11,568 SF 100% Leased Retail Building Hamtramck, MI 48212 $1,800,000 ($156/SF) 7.96% Cap Rate
Investment Highlights
- Cash Flow
- Walkable
- Stabilized Asset
Executive Summary
One11 Hamtramck is a mixed use commercial / residential space on the busiest street in Hamtramck, MI. This investment consists of four commercial spaces consisting of 3,860 rentable square feet, and ten residential spaces consisting of two studio units and eight 1 bedroom units for an additional 4,551 rentable square feet. Currently the property is 100% occupied
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,568 SF
Building Class
C
Year Built
1920
Price
$1,800,000
Price Per SF
$156
Cap Rate
7.96%
NOI
$143,337
Percent Leased
100%
Building Height
3 Stories
Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 41-003-04-0245-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $183,900 |
PROPERTY TAXES
Parcel Number
41-003-04-0245-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$183,900
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Hamtramck Coney Island | 9741 Joseph Campau St
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