21002 Mack Ave
Grosse Pointe Woods, MIExcellent investor or owner/ user opportunity! Updated and beautifully maintained office building located on prime Mack Avenue in Grosse Pointe Woods. Currently operating as 8 unit shared office space, this property offers the flexibility for an investor to capitalize on the in demand shared office market at a 9%+ return on investment, to be partially owner occupied and leased out to cover carrying costs, or to be completely owner occupied. Shared conference room, kitchenette, and 2 bathrooms. Newer HVAC/ Central Air, new parking lot, new sewer line. Off street parking for 5 spots, an additional 14 municipal parking spots in rear, and on street parking. Current rents around $600-$700/ office with upside in rents. All tenants month to month. Income and expenses available upon request.
Commercial
- Price
- $ 495,000
- Lot Size
- 3,920 SqFt
- Bedrooms
- 0
- Sqr Footage
- 2,795
- Full Bathrooms
- 0
- Year Built
- 1939
- Half Bathrooms
- 0
- City, Zip
- Grosse Pointe Woods
- Taxes
- 12269
- County
- WAYNE
- Style
- Commercial/Industrial
- Area
- Grosse Pointe Woods
- MLS#
- 40084848
- Zip
- 48236
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$2,869
Per MonthBased on the average sale price from the Shelby Township, MI office
- Monthly Principal & interest $1,740
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% 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.
Schools
Price History
Property vs Zip Code Average in 48236
Map
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21002 Mack Ave Grosse Pointe Woods, MI is a Single Family Home for sale at $495000 with 2795 sqft and a lot size of 3,920 SqFt Acre(s). 21002 Mack Ave Grosse Pointe Woods has 0 bedrooms, 0 baths and was built in 1939. The property's zip code is 48236 which is in Grosse Pointe Woods, MI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.