Farmington MI Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.67 Acres
- Year built:
- 1998
- Baths:
- MLS#:
- 20230100470
- Subdivision:
- SUPRVR'S PLAT NO 11 - FARMINGTON CTY
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Courtesy: RE/MAX Eclipse
248-792-2621
ADDITIONAL INFORMATION
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.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.
Farmington Real Estate
The median home value in Farmington, MI is $341,100. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Farmington, MI is $341,100. Approximately 60.72% of Farmington homes are owned, compared to 34.45% rented, while 4.82% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, Michigan 48335 has a population of 83,749. Farmington 48335 is less family-centric than the surrounding county with 31.76% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Farmington, Michigan 48335 is $93,434. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Farmington 48335 is 42.1 years.
Farmington Weather
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 32.6 inches per year, with 39.1 inches of snow per year.