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121 E Walled Lake Dr 1,132 SF Retail Building Walled Lake, MI 48390 $300,000 ($265.02/SF)
Investment Highlights
- HIGH TRAFFIC AREA
- PLENTY OF ON STREET PARKING
Executive Summary
This building in Downtown Walled Lake may be your last chance to buy a building in this thriving urban area. It's for someone who has the vision and desire to accomplish their dream, and own their own business in Walled Lake. The possibilities are endless!! Is it a Coffee Shop, Ice Cream Shop, Book Shop, Insurance Office or one of the many other business's that could be allowed by Walled Lake in this high traffic area? Don't wait and miss this opportunity to live your dream. The building is vacant and cleaned out, please call and request a private showing.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,600
|
$1.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,600
|
$1.41
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $1,600 |
| Annual Per SF | $1.41 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,600 |
| Annual Per SF | $1.41 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,132 SF
Building Class
C
Year Built
1948
Price
$300,000
Price Per SF
$265.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.07 AC
Zoning
BI - General Business District
Parking
4 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Freeway Visibility
- Signage
- Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-34-408-004 | Total Assessment | $58,650 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $1,600 ($1.41/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
17-34-408-004
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$58,650 (2025)
Annual Taxes
$1,600 ($1.41/SF)
Tax Year
2023
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