Building Details:
• Year Built: 1993
683 LINCOLN LAKE AVE SE is located in Lowell, MI.
Land Contract terms available with $39,000.00 down payment, balance of $560,000 at 7% interest, payments of $5,000 per month year 1, $6,000 per month year two and $7,000 per month in the third through fifth year, with a payoff at the end of the fifth year. Current income is $4,306.25 per month gross. Fully furnished offices. Radiant heat in warehouse space, heavy power, 15 ton crane in 4,800 SF space. 11,000 SF space has craneways for 5 ton crane.Very clean manufacturing and office space divided into 4,800 SF, 2,500 SF, and 14,320 SF which includes 3,320 SF of office area. Total available of 24,520 SF for owner`s use, the balance is leased for 3 years.
TERMS: Cash, New Mortgage or Land Contract
SPECIAL NOTES: Land Contract - $39,000 down, balance of $560,000 at 7% interest, payments of $5,000.00 per month year 1, $6,000.00 per month year two and $7,000.00 per month in the third through fifth year with a payoff at the end of the fifth year.
INDIV ELECTRIC METER: Yes.
INDIV GAS METER: Yes.
Request Property Information
Please describe your commercial real estate requirements. We'll create a list of matching properties that meet your criteria.
- Mike Schmidt, agent and Rofo Pro