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

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.

47,520 CARS DAILY!!!!!

In the front yard of Holiday Inn Express and Home Depot.

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
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

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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


Photograph of Listing Agent

Valerie Kemp

RE/MAX Commercial Connection
CPIX Member
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