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

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.