NEQ of Northwestern Highway & 12 Mile Road

Retail-Commercial for Sale
Catylist Listing ID: 30818432
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,880 SF
Gross Building Area: See Agent
Sale Price: $1,400,000
Unit Price: $238.10 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/26/2022

Overview / Comments

PROPERTY DESCRIPTION
Excellent redevelopment/owner user opportunity. Curb cut on Northwestern Hwy & 12 Mile Road. Month to Month tenants allowing flexibility for new owner. Zoning allows for many uses. High traffic counts with over 77,000 vehicles per day on Northwestern Highway.

LOCATION DESCRIPTION
Located at the NEQ of Northwestern Highway & W. 12 Mile Road.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Southfield N of 10 Mile
Tax ID/APN: 2418226036
Zoning: B-3, GENERAL BUSINESS
Property Located Between: Northwestern Highway, 12 Mile Road, Franklin Road
Largest Nearby Street: Northwestern Highway
Traffic/Vehicle Count: 77,166
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Total Parking Spaces: 25

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,880 77,459 256,555
Median Age: 36.99 44.41 43.1
Households: 5,012 33,326 106,237

Contact

Photograph of Listing Agent

Kevin Jappaya, CCIM

KJ Commercial CPIX Member
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