Catylist ID:
#30802613
Farmington Lawn Equipment
Retail-Commercial
for Sale
| Catylist Listing ID: | 30802613 |
| Property Subtypes: | Free-Standing Building |
| Building Size (RSF): | 3,253 SF |
| Gross Land Area: | 0.15 Acres |
| Sale Price: | $795,000 |
| Unit Price: | $244.39 PSF |
| Ceiling: | 10 ft. |
| Property Use Type: | Vacant/Owner-User, Business |
| Building Name: | Farmington Lawn Equipment |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/25/2023 |
Overview / Comments
|
PRICE REDUCED!!!! Property ($795,000) and/or Business ($200,000) For Sale. The Owner has been in this very lucrative business for 35+ years and wants to retire! Property and Business can be purchased for $1,145,000. Owner will also consider: 1-a business only purchase with Lease (& Option to Purchase). 2-a business purchase and a short term land contract. GREAT VISIBILITY!!!! 47,520 CARS DAILY!!!!! GREAT LOCATION!!!! In the front yard of Holiday Inn Express and Home Depot. FABULOUS RETAIL DEMOGRAPHICS!!!! Good enough for Home Depot, Holiday Inn Express, Hampton Inn, J. Alexanders, Office Depot, Home Goods, T.J. Maxx, DSW and more, which are all within 1/4 mile!! Many businesses have their address on Northwestern Hwy as well, 123 Net, Northwestern Energy, Burns & Wilcox and others. Northwestern Hwy corridor is considered one of the main business hubs in the metro Detroit area. The attractive traffic counts, demographics and visibility make this property also this a Great Redevelopment property! |
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Oakland |
| Submarket/Township: | Farmington / Farm Hills |
| Taxing Authority: | Farmington Hills |
| Tax ID/APN: | 23-02-177-005 |
| Zoning: | GENERAL BUSINESS B-3 |
| Property Located Between: | Orchard Lake Rd. & Middlebelt Rd. |
| Property Visibility: | Excellent |
| Highway Access: | Directly located on Northwestern Hwy., which is the major connector between the West Bloomfield and Farmington Hills, to the major intersections of the expressways in Southfield. Quick access to anywhere in the metro Detroit Area! |
| Airports: | 41 Miles to Detroit Metro Airport (DTW). 14 Miles to Oakland County International Airport. |
| Site Description: | Fabulous Visibility Corner Site with one curb cut off of Northwestern Hwy and another curb cut off Clairview Dr. |
| Area Description: | Farmington Hills is a city in Oakland County in the U.S. state of Michigan. Its population was 83,986 at the 2020 census. It is a northern suburb of Metro Detroit and is the second most-populated city in Oakland County after Troy. Farmington Hills consistently ranks as one of the safest cities in the United States, as well as in the state of Michigan. Farmington Hills also ranks as the 36th highest-income place in the United States with a population of 50,000 or more and ranked as 14th America's best cities to live by 24/7 Wall St. in 2016. |
| Total Number of Buildings: | 1 |
| Typical SF / Floor: | 3,253 SF |
| Year Built: | 1950 |
| Roof Type: | Gable |
| Construction/Siding: | Wood Siding |
| Exterior Description: | Wood paneled exterior |
| Total Parking Spaces: | 7 |
| Parking Ratio: | 2.1 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | Four front parking spaces and 4 along the side of the building. |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Ceiling Units |
| Internet Access: | Cable |
| Interior Description: | Front desk / Reception Area Office area Indoor Storage Areas Parts Storage Areas Shop area |
| Zoning Description: | General Business (B-3) - Designed to provide sites for more diversified business types which would often be incompatible with the pedestrian movement in the local business district or the community business district. |
| Lot Frontage: | 45 feet approximately |
| Lot Depth: | 150 feet approximately |
| Water Service: | Well |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,450 | 82,620 | 200,739 |
| Median Age: | 46.65 | 45.77 | 44.67 |
| Households: | 4,070 | 32,716 | 82,929 |
Contact
Valerie KempRE/MAX Commercial ConnectionCPIX Member |
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