21002 Mack Ave

Grosse Pointe Woods, MI
$ 495,000 Beds 0 Baths 0 Sq 2,795
Monthly Estimate* How much can I afford?

Excellent 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
Listing Provided by: Jim Saros Real Estate Services
Data Source: Michigan Multiple Listing Service

Features

General

Class COM/IND/BUS OPP
Cooling Central A/C
Directions North of Vernier
Financial Terms Cash, Conventional
Heating Forced Air
Legal Description WDG 15 16 LOTS 15 AND 16 MEYERING LAND COS HAMPTON ROSLYN ROADS SUB PC 576 L55 P52 WCR K 40.00
Listing Area Grosse Pointe Woods (82333)
Municipality Grosse Pointe Woods
Originating Mls RealComp
Ownership Private
Roof Rubber
Source Mls MI Real Source
Status Active
Status Active
Subdivision MEYERING LAND CO HAMPTON-ROSLYN ROAD SUB
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Year Built 1939
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Inventory
Exterior Brick
Foundation Type Slab
Frontage 40
Lot Dimensions 40 x 95
Lot Size Area 0.09
Roads Private Road
Sewer Septic Public At Street
Waterfront Y/N No

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 Month

Based 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
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/30/2020 Listed $509,750
11/6/2020 3% - $495,000

Property vs Zip Code Average in 48236

Price
AVG $250K
$500K
Taxes
AVG $15,433
$12,269
Visits
AVG 13
32
Year Built
AVG 1951
1939
Walkscore
AVG 69
74
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

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.