This commercial property offers a strong investment opportunity with five units. Two are currently rented: a flower shop ($1,200/month) and a commercial kitchen ($1,350/month). There's an additional unoccupied kitchen, and two office spaces, with a total potential rental income of $9,150/month. The building features newer 3-phase power, a dual 23' hood system, two walk-in coolers, and an 8x6 freezer. Both office spaces have been updated. Other amenities include a commercial water heater, dishwashing system, updated plumbing, gutters, and a 2,000 sq. ft. storage area with bay doors. Fully up to code and ready for more tenants. A separate business is also available with a land contract option.; Power/Phase: 3 Phase - Ground Run; Floor Load: 1
The median home value in Walker, MI is $315,000. This is higher than the county median home value of $281,000. The national median home value is $338,100. The average price of homes sold in Walker, MI is $315,000. Approximately 60.52% of Walker homes are owned, compared to 36.9% rented, while 2.59% are vacant. Walker 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 Walker real estate agent to arrange a tour today!
Walker, Michigan has a population of 25,149. Walker is less family-centric than the surrounding county with 28.3% of the households containing married families with children. The county average for households married with children is 33.51%.
The median household income in Walker, Michigan is $65,916. The median household income for the surrounding county is $69,786 compared to the national median of $69,021. The median age of people living in Walker is 37.8 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 36.8 inches per year, with 62.7 inches of snow per year.