M59 2 buildings 1.35 acres 210' frontage

Retail-Commercial for Sale
Catylist Listing ID: 30564696
Property Subtypes: Convenience Store, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 12,878 SF
Gross Land Area: 1.35 Acres
Sale Price: $1,600,000
Unit Price: $124.24 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: Pousho Plumbing
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/22/2020

Overview / Comments

Sale to include BOTH 2336 and 2388 E Highland Road (PIDs 1124101013 & 1124101006). A total of 1.35 acres with 210 feet of frontage on busy Highland Road - M59. Two large commercial buildings, various configurations, ample parking, good visibility. Building 2388 has two 14-foot rollup doors, 10" insulation, two rooftop furnaces, 4 lavs and 1 full bath. Daily traffic volume of 38,000 vehicles per day.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 1124101013
Retail Clientele: General, Other
Property Visibility: Excellent
Largest Nearby Street: Duck Lake Road
Feet of Frontage: 210
Traffic/Vehicle Count: 38,000
Airports: Oakland County Airport
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1987
Roof Type: Flat
Lot Frontage: 210'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 998 21,786 59,415
Median Age: 35.92 39.73 40.98
Households: 339 7,962 21,539

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