2211 Elizabeth Lake Road is a $499,000, 7,350 square foot home on a 0.66 acre lot located in Waterford Twp, MI.
Large corner lot with 125 feet of frontage on busy Elizabeth Lake Road. Well maintained 7,350 SF 2 unit retail building, 1 unit is currently leased by Rent-A-Center for $4,200/month + CAM. They have a 3 year lease with 2 years left & 5 year options with $1.00 increase per sqft on eachyear. Rent-A-Center lease $8.00 per square foot which equals $36,400 per year. CAM is $188.00 month Taxes $920.00 month Insurance $154.00 month. Total per month including everything $4,295.13. 40 parking spaces
|Above Grade Sqft||7,350|
Water Heater Fuel (Commercial) - Natural Gas
Office Heating (Commercial) - Forced Air
Transaction Type (Commercial) - Sale
Road Frontage Type (Commercial) - Class A
Transportation (Commercial) - Interstate - Yes
Cable TV Wired
Zoning - Commercial
Settlement - Township
Family-Less Than 1/2 Acre
|Property Sub Type|
Commercial Type - Commercial
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