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$999,999
Est. payment /mo
7,632 SqFt
Active
29229 NORTHWESTERN Highway Southfield, MI 48034 1024
UPDATED:
07/19/2024 04:38 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,632 sqft
Price per Sqft $131
Subdivision Mi
MLS Listing ID 60320378
Annual Tax Amount $24,308
Lot Size 1.010 Acres
Acres 1.01
Lot Dimensions 101 x 107 x 415 x 450
Property Description
The city of Southfield is the premier business location in Michigan, presenting an incredible investment opportunity in an affluent and heavily populated area of Oakland County, just 30 minutes north of Detroit. Home to over 10,000 businesses, including more than 100 Fortune 500 companies, Southfield is a vibrant commercial hub. This site is classified as B-3 commercial zoning and is located near 12 Mile Road and Northwestern Highway. The property spans one acre and includes three outbuildings with a total of 10,400 square feet of commercial space, offering ample parking for consumers. One building is currently leased, generating a monthly income of $2,700. The B-3 zoning is classified as a General Business District, permitting uses such as retail, medical offices, banks, hotels, restaurants, and even a medical marijuana provision center (subject to special approval). Building A: The front building is two stories with three entrances, a rooftop, and a basement. The first floor features a reception area, administration area, and five offices. The second floor has a conference room and storage. The finished basement includes storage, four offices, and a cubicle area. Building B: The middle building is two stories with five offices, a first-floor reception area, and second-floor storage. Building C: The back building is one story and currently occupied by a dog grooming and boarding tenant. Southfield is continuously expanding, fostering business growth due to its central location. The city’s services make residents and business owners feel welcome while offering new business opportunities. Southfield is home to many corporate headquarters, well-known restaurants, local boutiques, and numerous profitable businesses. Whether you want to invest in the current buildings or start fresh, this city provides an excellent platform. The location also offers easy access and excellent visibility off Northwestern Highway. Invest in Southfield, where business opportunities thrive, and the community supports growth & innovation.
Location
State MI
County Oakland
Area Southfield (63244)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Block,Brick,Log,Other,Wood
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Select Realty Advantage