424 FREMONT Street $4,000,000

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    424 FREMONT Street Bloomfield Hills, MI 48302

    • 746 sq. ft.
    • 5.02 Acres
    • Commercial
    • MLS# 2200079864
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    Views: 440 Days On Site: 30

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    Property Details

    The last of the commercial properties in Bloomfield Hills! Over 5 acres of land up for sale. Sale includes 5 parcels: 424 Fremont (home with a tenant paying $1400/month), 374 Fremont (property owners' large home), 362 Fremont (home with a tenant paying $1400/month), 350 Fremont (land collecting rent from companies parking their vehicles, leases included), also included is 340 Fremont (land not in use). This is a development waiting to happen! Zoning allows for a multifamily development and much more!

    • General Features
      • County Or Parish Oakland
      • Settlement Township
      • Subdivision 1
      • Commercial Type Commercial
      • Current Use Occupied/Vacant
      • Lot Size Area 5.02
      • Zoning Commercial, Multi-Family
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1920
      • Year Remodeled 2019
      • Sqft Total 746
      • Operating Expense $0
      • Net Operating Expense $69,600
      • Gross Scheduled Income $69,600
      • Tax Amount - Summer 1710.0000
      • Tax Amount - Winter 883.0000
    • Building Features
      • Foundation Details Basement
      • Construction Materials Aluminum
    • Property Features
      • Road Frontage Type Gravel, Private
      • Frontage Feet 250
      • Lot Size Dimensions 250 X 875 X 250 X 250
      • Water Source Municipal Water
      • Sewer Sewer at Street
    • Schools
      • School District Pontiac
    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 2020 Realcomp II Ltd. Shareholders.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

    Neighborhood

    48302 (Bloomfield Hills) Demographics

    49 Median Age
    1,368 Population Density (per sq. mile)
    75% College Educated
    $129,858 Estimated Median Income
    5,375 Estimated Total Home Owners
    787 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    15,203 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $960,000 Median Sales Price
    1 Homes Sold
    129 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,000,000
        9/26/2020 12:45:00 PM New in Database Source New Value: $4,000,000

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