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15365 Newburgh Rd, Livonia, MI 48154
0 Beds
0 Baths
11,800 sqft

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Excellent investment opportunity located at 5 Mile and Newburgh Rd. Strong traffic counts at +/-60,000 AADt. Fully stabilized with long term tenants, property has ingress/egress on both 5 mile and Newburgh. Offers 7% cap rate.
  • Price:
  • $1,200,000
  • Square Footage:
  • 11,800
  • Acreage:
  • 0.99
  • Year Built:
  • 1965
  • Listing ID #:
  • 219089636
  • Street Address:
  • 15365 Newburgh Rd
  • City:
  • Livonia
  • State:
  • Michigan
  • Postal Code:
  • 48154
  • County:
  • Wayne
  • Community:
  • Livonia
  • Listing Status:
  • Active
  • Foundation:
  • Slab
  • Foundation Material:
  • Poured
  • Siding:
  • Brick, Other
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 11800
  • Type Of Roof:
  • Asphalt, Rubber, Other
  • Year Built:
  • 1965
  • Business Type:
  • Retail
  • Net Operating Income:
  • 90000.00
  • Operating Expense:
  • 30000.00
  • Conforms To Zoning:
  • Commercial
  • Existing Land Use:
  • Retail Strip Mall
  • Road Frontage:
  • 110
  • Road Frontage Type:
  • Paved, Pub. Sidewalk
  • Days On Market:
  • 310
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 8652.0000
  • Winter Tax:
  • 7999.0000
  • Existing Water:
  • Municipal Water
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer-Sanitary
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • IDX provided courtesy of Realcomp II Ltd. Hub LLC
  • IDX provided courtesy of Realcomp II Ltd., via Century 21 ROW - Livonia and Realcomp II Ltd, ©2020 Realcomp II Ltd. Shareholders FARMHILL

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