20774 CHESLEY Drive $500,000


    20774 CHESLEY Drive Farmington, MI 48336

    • 9,659 sq.ft.
    • 0.61 Acres
    • Commercial
    MLS# 218109116 | Active


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    Days On Market: 243 12 Views
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    Property Details

    7659 sq. ft. Main Brick / Block Building, 6204 shop space, 1455 Finished space, built in 1964 with an additional 2000 sq.ft. Block building built in 1974 in the rear loft the lot. Lot dimensions are 105 x 252, which is .61 of an acre. Exterior building height of 18 feet, interior clearance of 15 feet. (1) 12'x14' grade level door. (1) 16'x14' Dock Door. (1) Slot truck well containing 784 sq.ft. There is also a 800 sq.ft. loft in the main building as well, pushing the total sq. footage to over 10,000 sq.ft. This is offered for sale only as a buy then lease back option for the current owner/operator. This is the only way this will be sold. Owner is looking for a 5-year lease back option, with a first right of refusal to buy it back. Other terms to be negotiated. Owner wishes to stay on board and continue to operate the business.

    • General Features
      • County Or Parish Oakland
      • Settlement City
      • Subdivision ALTA BERGER SUB
      • Commercial Type Commercial, Industrial
      • Business Type Manufacturing
      • Current Use Light Industrial
      • Lot Size Area 0.61
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1964
      • Sqft Total 9,659
      • Operating Expense $0
      • Net Operating Expense $0
      • Gross Scheduled Income $0
      • Tax Amount - Summer 6500.0000
      • Tax Amount - Winter 1977.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
      • Sqft Office 1,455
      • Office Heating Forced Air
      • Plant Heating Forced Air
    • Property Features
      • Road Frontage Type Paved
      • Frontage Feet 105
      • Lot Size Dimensions 105.00X252.00
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Farmington


    Pamela Owen

    Sales Associate

    RE/MAX Defined

    Direct: 248-515-4312


    48336 (Farmington) Demographics

    42Median Age
    2,939Population Density (per sq. mile)
    48%College Educated
    $55,660 Estimated Median Income
    7,452Estimated Total Home Owners
    3,693Estimated Total Renters
    67% / 33%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    26,716Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $500,000
        4/16/2019 7:41:44 AM Price Reduced Source New Value: $500,000 -9.09%
        2/6/2019 12:41:37 PM Price Increased Source New Value: $550,000 10%
        11/14/2018 10:42:00 PM New in Database Source New Value: $500,000

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information 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. Copyright 2019 Realcomp II Ltd. Shareholders.