$389,900
Whitmore Lake, MI 48189
MLS# 26028158
1 / 48
Property Description
Fully occupied triplex on approximately 1.08 acres with General Commercial zoning, offering immediate income and future upside. The property generates $3,600 per month ($43,200 annually) in gross rental income and is occupied by long-term tenants who would like to remain, providing day-one cash flow. GC zoning offers future potential for redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. Located on Whitmore Lake Road with strong visibility, convenient access, and close proximity to US-23, the property combines current income with long-term value potential. An excellent opportunity for investors seeking a stabilized asset with commercial zoning in a growing corridor. Collect income today while exploring future possibilities. Please do not disturb tenants. Showings by appointment only.
Details
Maps
Location & Property Info
Cross Streets: Whitmore Lake & N Territorial
Property Sub-Type: 2 to 4 Units
Municipality: Northfield Twp
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 133.71
General Property Info
New Construction: No
Lot Dimensions: 337 X 180 X 186 X 234
Road Frontage: 234
Waterfront: No
Basement: No
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2916
Total Parking Spaces: 3
School District: Whitmore Lake
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 47045
Lot Acres: 1.08
Year Built: 1960
Tax Info
Taxable Value: 81648
SEV: 134300
For Tax Year: 2025
Seller's Annual Property Tax: 4904.64
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: GC
Tax ID #: B-02-19-100-009
Remarks & Misc
Public Remarks: Fully occupied triplex on approximately 1.08 acres with General Commercial zoning, offering immediate income and future upside. The property generates $3,600 per month ($43,200 annually) in gross rental income and is occupied by long-term tenants who would like to remain, providing day-one cash flow.
GC zoning offers future potential for redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. Located on Whitmore Lake Road with strong visibility, convenient access, and close proximity to US-23, the property combines current income with long-term value potential.
An excellent opportunity for investors seeking a stabilized asset with commercial zoning in a growing corridor. Collect income today while exploring future possibilities.
Please do not disturb tenants. Showings by appointment only.
Legal: *OLD SID - B 02-019-008-10 NO 19-3C-2 COM AT E 1/4 COR, TH NLY 266.49 FT ON E LN OF SEC TO POB, TH DEFL 90 DEG 10' LFT 185.84 FT, TH DEFL 49 DEG 59' RT 234.7 FT ON E LN WHITMORE LAKE RD, TH DEFL 129 DEG 57' 30'' RT 337.2 FT,TH DEFL 90 DEG 13' 40'' RT 1 80 FT ON E LN OF SEC TO POB, PART NE 1/4 SEC 19 T1S R6E 1.08 AC.
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Other: 1
Laundry Features
In Unit: 1
Exterior Material
Other: 1
Roofing
Metal: 1
Heat Source
Other: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Hot Water: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Gas: 1
Trash: 1
Driveway
Easement: 1
Gravel: 1
Shared Unpaved: 1
Substructure
Slab: 1
Extras
Carports: 1
Owner Pays
Electricity: 1
Sewer: 1
Water: 1
Unit 1
Unit Description: 7040 Whitmore Lake
SqFt: 1056
Occupied: Yes
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Carport: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 1
Unit Description: 7038 Whitmore Lake
SqFt: 2200
Occupied: Yes
Monthly Rent: 1475
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
W/D Hookup: 1
Unit 3
Unit #: 2
Unit Description: 7038 Whitmore Lake
SqFt: 1900
Occupied: Yes
Monthly Rent: 1175
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Carport: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Washtenaw
Street #: 7038
Street Name: Whitmore Lake
Suffix: Road
State: MI
Zip Code: 48189
Zip (4): 9192
OfficeContract Info
Status: Active
Current Price: $389,900
List Price: $389,900
Listing Date: 2026-06-09
Property Features
Laundry Features: In Unit
Exterior Material: Other
Roofing: Metal
Substructure: Slab
Sewer: Septic Tank
Water: Well
Utilities Attached: Cable Connected; Electricity Connected; Phone Connected
Util Avail at Street: None
Extras: Carports
Owner Pays: Electricity; Sewer; Water
Tenant Pays: Gas; Trash
Heat Source: Other
Heat Type: Forced Air; Hot Water
Air Conditioning: Central Air
Driveway: Easement; Gravel; Shared Unpaved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange; Other
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Carport; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Dishwasher; Range/Oven; Refrigerator; W/D Hookup
Unit 3: Range/Oven; Carport; Refrigerator
Listing Office: Beal Properties LLC
Listing Agent: Abby Chase
Last Updated: June - 09 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.