21950 Schoenherr, Warren, MI 48089 – 5 Unit Commercial Building – Land Contract – Asking $400K For Sale

  • $400000
  • 5500 sqft

21950 Schoenherr, Warren, MI 48089 – 5 Unit Commercial Building – Land Contract – Asking $400K

I have a wholesale deal on a 5 unit commercial building in Warren. Each unit approx 1,000 sqft and 3 of the units are currently occupied by tenants. The owner is occupying 2 of the units. This building has a unit with a large bay door, a fenced in lot and a huge lot for extra storage space. Located right on Schoenherr, this property is sure to move.

ADDRESS: 21950 Schoenherr, Warren, MI 48089

DROPBOX: 21950 Schoenherr, Warren, MI 48089 – Dropbox

Land Contract Terms:

  • $400K Purchase Price
  • $100K Down Payment
  • $3,500/month land contract monthly payment
  • 2 year balloon payment

Property Details:

  • 5 units
  • 5500 sqft
  • Big yard to store whatever you want
    • 1 unit – $1,000/month
    • Two units – $1,500/month total
    • 3rd unit & 5th unit – Owner occupying
  • Taxes: $1,000/month
  • Insurance: $250/month

Sold as-is. Buyer to verify all information and perform due diligence. Contact us today to schedule a walk through.

Price:
$400000
Address:
21950 Schoenherr
Warren, MI 48089
Square Feet:
5500
Lot Size:
20,735 sqft
Terms:
For Sale
Property Type:
Commercial
Year Built:
1946
Const. Type:
Brick & Frame

Call (248) 289-8068 for more details

Property Location