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. 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.
General Information
Sale Price: $4,571,500
Price/SqFt: $164
Status: Active
MLS#: rcomi20251030877
Originating MLS: Realcomp2
City: harper woods
Post Office: harper woods
Schools: harper woods
County: Wayne
Acres: 2.77
Lot Dimensions: 241X500
Size: 27,871 sq.ft.
Acreage: 2.77 est.
Year Built: 1997
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $20,565 Est. Winter Taxes: $19,558
