8771 Hall RdUtica, MI 48317

  • Other commercial real estate
  • 21,877 SF
For Sale
$69,900 View listing

Property Details for 8771 Hall Rd

Year built
1985
Lot size
2.59 AC
Property size (Sq ft)
21,877 SF
Zone code
C-2
Property type
Other commercial real estate
APN
11-07-34-379-011
APU
110734379011

Description

This 1600-square-foot industrial property located at 8771 HALL, Utica, MI, is offered for sale at $69,900. The property has housed a thriving jewelry business for over a decade. The sale includes all existing store displays and two oversized safes, providing ample security for valuable inventory. The building itself is a solid structure, ideal for continued use as a retail space or for conversion to other industrial uses. The existing layout is well-suited for a retail operation, with ample display space and secure storage. While the business name is excluded from the sale, the established clientele and operational history represent a significant advantage for a prospective buyer. The property sits on a zero-acre lot, making it a compact and manageable space. Potential buyers are advised to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use. Please note that all inquiries should be handled discreetly, and direct contact with employees regarding the sale is strictly prohibited. All information provided is believed to be accurate but is not guaranteed. This presents a unique opportunity to acquire an established business and property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,208,110
    Hospitality
    $4,770,602
    Educational
    $3,969,084
    Medical
    $4,105,587
    Retail
    $6,174,131
8771 Hall Rd, Utica, Michigan

Location Insight

City
Utica
County
Macomb
State
Michigan
Latitude
42.6266
Longitude
-83.0239
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$40,734
-
-
$1,165,500
-
-
-
$2,331,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].