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Jenn Smart

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20570 Kelly , Harper Woods, MI 48225
$3,500,000
Est. Payment: $18,238.99/mo
0 Bed
0 Bath
27871 Sqft
Status: active | Days on site: 265
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

A great investment in a busy commercial area of Harper Woods. The building is leased to Harper Woods public schools with an income of $21,715 a month in a triple-net contract. The owner pays liability insurance. The lease expires on March 29, 2033. The property is on a busy intersection, and the property is near a redevelopment of one million square feet of warehouses and stores in the former Eastland Mall. It is also near HomeDepot and other medium to large stores along Kelly Road and Eight Mile Road. Please do not disturb the school. All inquiries must be through listing agent khalil Hachem. Buyer and buyer agent to verify information.

Highlights

Listed by Khalil Hachem , 313-819-0101 Premier One Group Inc , 313-447-0131. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
2.77

Year Built

19

County

Wayne

Area

Harper Woods (82331)

Listing ID

60941126

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:27871
Water:Public Water

Exterior Features

Lot Dimensions:241X500
Zoning:Commercial
Principal Interest
$18,239
Taxes
$3,344

Home Price

$3,500,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$700,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,238.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,238.99 $3,343.58 $0.00 $21,582.57
Yearly $218,867.84 $40,123.00 $0.00 $258,990.84
Total $6,566,035.26 $1,203,690.00 $0.00 $7,769,725.26
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Harper Woods, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T04:57:55.100Z

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