9861 Dixie HwyClarkston, MI 48348

  • Warehouses
  • 10,291 SF
For Sale
$1,300,000 View listing

Property Details for 9861 Dixie Hwy

Year built
1981
Lot size
1.31 AC
Property size (Sq ft)
10,291 SF
Zone code
OS-OFF
Property type
Warehouses
APN
U -07-11-351-001
APU
U0711351001

Description

This exceptional 10,407 square foot industrial property, situated on a 1.3-acre lot with over 300 feet of waterfront on all-sports Dixie Lake in Clarkston, MI, presents a unique investment opportunity. The building, formerly a fabrication facility, has undergone a complete transformation, featuring four separate, upscale retail units, each with its own entrance. Recent renovations included a new roof, plumbing, and electrical systems (including 220/440v service), two furnaces, seven high-efficiency wall units, a new water heater, and a full interior reconstruction. Upgrades encompass custom flooring, ceilings, walls, recessed lighting, windows, and doors. Three overhead doors provide convenient access. Unit A boasts a lavish office space, and a custom kitchen with stainless steel Whirlpool appliances, granite countertops, dual sinks, custom cabinets, and a large center island is also included. Two powder rooms and one full bathroom are available. Exterior improvements include fresh interior and exterior paint, extensive concrete work, a fence, and a seawall with a dock providing direct lake access. A 16-camera security system (9 cameras currently installed) enhances security. The property offers significant income potential, with an estimated monthly income exceeding $15,000 based on current lease rates of $18 per square foot (area average is $20+). The property is being sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,016,463
    Hospitality
    $1,847,070
    Educational
    $1,536,740
    Medical
    $1,589,591
    Retail
    $2,390,485

Location Insight

City
Clarkston
County
Oakland
State
Michigan
Latitude
42.762
Longitude
-83.4844
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
2023
$10,273
-
-
$234,700
-
-
-
$469,400

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