121 E WALLED LAKE Drive Walled Lake ( Michigan, US - 48390) Built

SALE PENDING $295,000 USD

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Enterprise Brokers

Vincenzo LoCricchio (586) 298-1240 (Office) (813) 690-0109 (Cell) Request More Info

Business And Real Estate - Walled Lake, MI
Type: Commercial
Size: 1,132 sq. ft.
Lot Size: 0.04 acres
Year Built: 1948
MLS #: 2210076616

Description

Fantastic opportunity to own the real estate and a business. Building 275k. Business 20k. As the public goes back to work you could own a "drop off" cleaning and tailoring business. This business has been established for 30 years and the Owner is just ready to retire. The building is in a high traffic and prosperous area of Walled Lake with plenty of free public parking and may be the only retail building available at this time in this area of Walled Lake. Don't let this opportunity pass - CALL TODAY for a private showing.

Highlights

Exterior Finish: Brick
Heating: Baseboard, Hot Water

Brokered and Advertised by : Remerica United Realty

Population

Total population	23,878
Male population	11,396
Female population	12,482
Median age	43.90
Median age (male)	42.30
Median age (female)	45.30

Marital status (Number of people who have the following marital status)

Never married	6,048
Married	10,371
Separated	200
Widowed	970
Divorced	2,901

Population by age

Under 15	3,588
Age 15 to 24	2,836
Ages 25 to 44	5,912
Ages 45 to 64	7,348
Age 65 and over	4,194

Population mobility

Live in the same house as 1 year ago	21,356
Moved from abroad	169
Moved from a different state	242
Moved from the same county	1,407
Moved from the same state	473

Population by poverty level

Above poverty level	21,832
Below poverty level (daily income under $1.90/day)	1,698

Employment

White collar	10,442
Blue collar	2,223

Class of worker

Self employed	1,190
Private company	9,677
Not for profit company	827
Government workers	971

Households

Total households	10,426
Family households	6,035
Non-family households	4,391
Households with children	2,574
Households without children	7,852
Average people per household	2.29

Education (Number of people who have achieved the following levels of education)

No high school	471
Some high school	5,029
Some college	5,507
Associate degree	1,973
Bachelors degree	4,943
Graduate degree	2,543

Income/Financial

Average household income	$97,328
Median household income	$74,951
Median income under 25	$45,455
Median income 25-44	$87,786
Median income 45-64	$98,075
Median income over 65	$51,570

Housing occupancy

Housing units	10,846
Occupied housing units	10,426
Owner occupied units	7,600
Renter occupied units	2,826
Median housing costs per month	$1,274
Median gross rent per month	$1,312

Housing by year built

Year built median	1989
Built before 1939	285
Built between 1940 and 1949	259
Built between 1950 and 1959	1,314
Built between 1960 and 1969	842
Built between 1970 and 1979	1,574
Built between 1980 and 1989	1,330
Built between 1990 and 1999	2,485
Built between 2000 and 2009	2,065
Built after 2010	692

Housing mortgage situation

Houses with mortgage	5,370
Houses without mortgage	2,230
Median value with mortgage	$228,800
Median value without mortgage	$241,400

Demographic data shown in this section was gathered from the 2021 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

P2#1356909997

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The seller provides all data and financial information on the businesses or commercial property for sale for informational purposes only. The broker does not warrant the information and implores the buyer to seek the professional advice of a CPA and an Attorney of their choosing when purchasing any business or property. This offering by the seller is subject to change or withdrawal without notice.