Located in the high density single and multiple family, business/business services corridor just east of the City of Downtown Farmington. This leased building is located less than 1/8 mile North of Grand River in Farmington Hills on Hathaway Street in the center of Dealer Row. Hathaway runs N-S next to Seller's Buick-GMC on Grand River which is immediately West of the M -5/Grand River/10 Mile exit. The current Lease runs through December of 2025 with annual renewal options there after. The building has been well maintained: The roof carries a full materials warranty from the manufacture. Drone flyover pictures and interior pictures of the current lease occupant's operations are available on the listing site. The Lease was extended until 12/25 in 2023 at $8.400 per month GROSS. The building is currently SBA financed by the owner.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
