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$3,500,000
Est. payment /mo
27,871 SqFt
Active
20570 Kelly RD Harper Woods, MI 48225
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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 27,871 sqft
Price per Sqft $125
MLS Listing ID 20251041283
Year Built 1997
Lot Size 2.770 Acres
Acres 2.77
Property Sub-Type RealEstateOnly
Property Description
A great investment in a busy commercial area of Harper Woods. The building is leased to Harper Woods public schools with an income of $21,715 a month in a triple-net contract. The owner pays liability insurance. The lease expires on March 29, 2033, with additional 10-year option. The property is on a busy intersection, and the property is near a redevelopment of one million square feet of warehouses and stores in the former Eastland Mall. It is also near HomeDepot and other medium to large stores along Kelly Road and Eight Mile Road. Please do not disturb the school. All inquiries must be through listing agent. Buyer and buyer agent to verify information.
Location
State MI
County Wayne
Area Area05061Harperwoods
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Harper Woods
School District Harperwoods
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard

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Listed by Khalil Hachem of Premier One Group Inc
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