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851-857 Penniman Ave 3,100 SF Retail Condo Unit Offered at $2,048,763 CAD in Plymouth, MI 48170
1 Unit Available
Unit 857
| Unit Size | 3,100 SF | Sale Type | Investment |
| Price | $2,048,763 CAD | Cap Rate | 8.36% |
| Price Per SF | $660.89 CAD | NOI | $171,276.58 CAD |
| Condo Use | Retail |
| Unit Size | 3,100 SF |
| Price | $2,048,763 CAD |
| Price Per SF | $660.89 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 8.36% |
| NOI | $171,276.58 CAD |
Description
1st floor Retail Commercial Condo unit.
Sale Notes
Rare opportunity to purchase investment real estate in downtown Plymouth. The opportunity is a purchase of a commercial condo unit street level building part of a mix used building with luxury condos. Located with convenient street parking and parking deck in the rear. Property includes an operating salon with 20 stations established for 20 years. The building to be purchased with the business or re-tenanted with long term lease terms. Own a piece of the Plymouth business district nationally recognized for its downtown success..
Property taxes $18,377
Property Facts
| Total Building Size | 26,700 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,133 SF |
| Property Subtype | Apartment | Year Built | 2006 |
| Building Class | B | Lot Size | 0.21 AC |
| Zoning | B-2 - Downtown Business District | ||
| Total Building Size | 26,700 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 3,133 SF |
| Year Built | 2006 |
| Lot Size | 0.21 AC |
| Zoning | B-2 - Downtown Business District |
Amenities
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 9 | - | - |
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851-857 Penniman Ave
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