Active For Sale OfficeInvestment

2850 Dixie Hwy

Name: 2850 Dixie Hwy
Address: 2850 Dixie Hwy, Waterford Township, MI, 48328, US

2850 Dixie Hwy, Waterford Township, MI, 48328

ID 8c8b6624

Overview

Multi-tenant office building located on Dixie Hwy, between Telegraph and Scott Lake Rd. Building is well-maintained and has recent capital improvements that include: Roof (2023), Parking lot (2026), and interior finishes (2023). Building will be delivered 54% occupied, with an opportunity for a buyer to lease out or occupy up to two units.

Additional Information

City: Waterford Township
State: MI
Zip Code: 48328
Primary Uses: Office, Investment
Secondary Uses: Office Building
Zoning: O-1
Zoning Description: Local Office
# of Buildings: 1
Floors: 1
Year Built: 1,986
Year Renovated: 2,023

Construction Siding: Brick
Construction Type: Masonry
Parking Type: Surface
Rentable SF: 4,920 SF
Usable SF: 5,784 SF
Tenancy: Multi-Tenant
Gross Income: $86,590
NOI: $44,911
Total Expenses: $41,679
Average Occupancy Rate: 54%