Downtown Milford - Dr. Office/Residential/Redevelopment Opportunity

Office for Sale
Catylist Listing ID: 30679868
Property Subtypes: Office Building, Other
Building Size (RSF): 2,634 SF
Gross Land Area: 0.25 Acres
Sale Price: $340,000
Unit Price: $129.08 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Bower's Chiropractic
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

2,634 SF Single family home that was converted into a Chiropractic office on a quarter acre, located in Downtown Milford, MI. Great location for a professional office. There is a current tenant occupying a small space as a masseuse for $540 per month on a month to month basis. Currently built out with 3 exam rooms, Dr.’s office, x-ray room, waiting room, sun room, reception area and more. Possible redevelopment opportunity. Building has garage and a driveway to park 2 cars. Public street parking surrounds the building. Basement and 2 crawl spaces.

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 1611108004
Zoning: R-1 SINGLE FAMILY RESIDENTIAL
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,605 22,496 60,666
Median Age: 41.66 41.27 39.84
Households: 3,151 8,415 22,843

Contact

Photograph of Listing Agent

Randall S. Thomas

Insite Commercial CPIX Member
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