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1 Story -1600 Sq. Ft. Commercial Building For Sale - $130,000 (Redford, Twp.)
condition:
good
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Building is zoned C1, and located in the DDA, Downtown Redford, Twp. Michigan 48239. Previously, a Natural Hair Beauty Shop, a past Trade School, and most recently a Retail Shop/ Boutique. Across from the Community Choice Credit Union. Attached, Garage is a mini warehouse formerly used as a clock shop. Two parking spaces in the back of the building, and public parking.
COMMERCIAL BUILDING FOR SALE – REDFORD TOWNSHIP
Address: 5 Mile Rd, Redford, MI 48239, In Downtown Redford DDA.
Zoning: C-1 Local Commercial (office, retail, salon, studio, etc.)
High-traffic location near KFC, Golden Grill Restaurant, Michno's Cafe, and Sandy's by the Beach Neighborhood Bar.
CASH PRICE: $130,000
1-YEAR LAND CONTRACT TERMS:
• Sale Price: $135,000
• Down Payment: $67,500 (50%)
• Financed Amount: $67,500
• Interest Rate: 9.5%
• Amortized: 15 years (for payment only)
• Balloon due in 12 months
• Monthly Payment: $1,154.85 total
($704.85 P&I + $300 taxes + $150 insurance)
Estimated balloon payoff after 12 months: $65,362.81
Proof of income required.
Shown by appointment only.
Serious inquiries only.
One owner is a licensed real estate agent selling FSBO.