8070 N Territorial Road
Salem, MI, 48170 $ 699,000
Baths2.0 Monthly Estimate*
$ 4,646
Studio
for $699,000 with 2 full baths. This building was built in 1979 on a lot size of 1.15.
The BENEFIT of this Commercial Building... Located in Salem Township with Plymouth mailing on high traffic North Territorial Road near the intersection of Curtis. This building offers an amazing opportunity for the commercial investor and/or end-user. The property is zoned A-R allowing providing an abundance of possible business options from this convenient location (Download Zoning Table or request a copy). The building can be used exclusively for one tenant / end-user or easily split for multi-tenant options. The building is 15,500 square feet with approximately 12,000 warehouse and the remainder office/garage. The lot size is 1.15 acres and includes a historic usable barn. The building has ample power, 3 grade level 12-foot doors, 12 to 14 feet clear height. room to expand parking ground back. Multiple air turnover units and a/c units included with sale (10 plus). The possibilities are vast, and the businesses will thrive. Excellent location for light industry, warehouse, distribution, AUTO/TRUCK service, car collection, medical, GENERAL OFFICE, studio, art, dance, PET SERVICES, home design studio, FITNESS, education, CLUB meeting venue and more. Well exists, Septic exists, Paved Road Access far and near, Electric, Natural Gas, Cable. Other nearby areas include Northville, Plymouth, Ann Arbor, South Lyon. Easy paved road access to major freeways: I-96 & M-14. Download the survey and other details from the MLS. Privately owned, please make an appointment to view the property. SECURE THIS BUILDING TODAY and START building on your dreams tomorrow.
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FeaturesGeneralSewer Septic System
Cooling Central Air
Utilities Phone Available Storm Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Phone Connected Natural Gas Connected Electric Connected Cable Connected
Possession Close Of Escrow
Roof Rubber Concrete
Construction Materials Vinyl Siding Block
Year Built 1979
Township Salem Twp
Property SubType Industrial
Tax Year 2023
Gross Income 85000.0
Business Type Other Auto Service Professional/Office Professional Service Distribution Storage Retail Recreation Manufacturing Institutional
County Washtenaw
Net Operating Income 90000.0
New Construction N
Property Type Commercial Sale
Attached Garage N
Building Features Bath Common Area Multi User Facility Outdoor Storage Security System
Status Active
Directions From M-14 head North on Gotfredson Rd. Turn West onto North Territorial Rd. and your destination will be just before Curtis Rd.
City Salem
High School District Plymouth-Canton
Zoning Description Commercial Light Industri
NumberOfUnitsTotal 2
MLS Area Ann Arbor/Washtenaw - A
Lot Size Units Acres
Lot Size Square Feet 50094.0
Waterfront Y/N N
Street Name Territorial
Land Lease Y/N N
Tax Annual Amount 5180.0
Lease Renewal Y/N N
MLS Area Minor Ann Arbor/Washtenaw - A
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2024-02-01
Days on Market 147
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 119992
Ownership Type Trust
Legal Description Too Long. See Expanded Remarks.
Senior Community None
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ExteriorParking Features Asphalt Driveway Paved
Water Source Well Public
Total Parking 20.0
Inclusions {u'Non-Applicable': True u'Real Estate': True}
Lot Size Area 1.15
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 0.0
Lot Dimensions 158 X 329 X 157 X 307
Lot Size Acres 1.15
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Fireplaces 1
Total Stories 15500
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Road
Electric On Property Y/N N
Total Baths 2
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* Excluded FeaturesList Byinfo@brandt-realestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,646
- Monthly Property Taxes
- $432
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Salem, MI
Average List Price $699,000
Percent of Sale Price 0%
Trends Information provided by ATTOM Data Solutions.
4473596 Elementary School
4473597 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/28/2024 | $699,000 | -9.81% | Price Down |
4/2/2024 | $775,000 | -12.42% | Price Down |
1/11/2024 | $884,900 | | Listed Price |