23404 Sherwood Avenue

Warren, MI 48091
Square Ft.
12,612
$3,475,000
The building is occupied by a long-established electrical contracting company that is included in the sale. The business has operated successfully for more than 30 years and is well known in the market. Annual revenue typically averages approximately $3,000,000, supported by a steady pipeline of commercial and industrial work. ProjectRead MoreRead Less
Market LogoProvided through IDX through Realcomp II Ltd. Courtesy of Real Estate One Ernest L Gavrilides (248) 625-0200.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Commercial
Square Ft.
12,612
Lot Size
0.23 Acres
Year Built
1948
MLS Number
20261000222
30 Days Snapshot Of 48091
$117k
-1%
(avg) sold price
24
-40%
homes sold
71
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1948, 12,612 total square feet, 12,000 main square feet, 2,500 office square feet, Block, Steel
Foundation
Slab
Water Features
Public (Municipal)
Heating
Natural Gas, Central Air, Forced Air
Lot
Lot size area: 0.23, Lot size dimensions: 100X100
Miscellaneous
Gross scheduled income: $2,500,000, Monthly sales: $210,000, Net operating income: $395,000, Operating expense: $2,105,000, Service, Industrial, Business And Real Estate
Property
Property type: Commercial, Light Industrial
Taxes
Tax amount (summer): $11,082, Tax amount (winter): $236
Sewer
Sewer (Sewer-Sanitary)
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MIKE MELDRUM
REAL ESTATE BROKER | OWNER
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IDX provided courtesy of Realcomp II Ltd., via RE/MAX Advisors and Mike Meldrum, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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