Retail

Retail-Commercial for Sale
Catylist Listing ID: 30711665
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,682 SF
Gross Land Area: 0.46 Acres
Sale Price: $900,000
Unit Price: $244.43 PSF
Ceiling: 15 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/9/2021

Overview / Comments

Fully renovated in 2020, this 3,682 sq. ft. freestanding commercial building is a must-see! Renovations include a brand new parking lot with 6" concrete pads, a new remote security system, updated offices, radiant tube heating, newer roof, two new roof top air-conditioning units, and much more. Located on Telegraph Road just south of 10 Mile Road, this property sees an excellent daytime population with high traffic counts, making it an ideal location for many different business types. Former Enterprise Rent-A-Car.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $10,834 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Southfield S of 10 Mile
Tax ID/APN: 2429276026
Zoning: BI
Property Located Between: 10 Mile Rd.
Largest Nearby Street: 10 Mile Road
Traffic/Vehicle Count: 75,434
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,682 SF
Year Built: 1952
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Block
Total Parking Spaces: 26
Parking Type: Surface
Heat Type: Other
Air Conditioning: Package Unit
Lot Frontage: 51
Lot Depth: 394
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,059 108,424 347,379
Median Age: 45.16 40.47 40.63
Households: 3,915 45,439 142,636

Contact

Photograph of Listing Agent

Christopher D'Angelo

Signature Associates CPIX Member
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