Retail Office Building with Parking

26201 Dequindre Road Madison Heights, MI 48071

Claim this Listing
New
For Sale
$425,000

COMMERCIAL - Madison Heights, MI

Property size:
2,660 SF
Lot size:
0.27 Acres
Price / SF:
$159/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 12 at 3:06 am

Property Features for 26201 Dequindre Road

General Information

Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Standard status
Active
APN
25-24-251-006
Size
2,660 SF
Lot size
0.27 Acres

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1989
Roof type
Flat

Listing agent Anthony Rubino License #6502425251

Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI

Listing date Jul 9, 2026

MLS# 50214250

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained retail/office property is designed for flexible use, with a clean exterior finish and interior updates that support immediate occupancy. The building includes energy-efficient LED lighting, epoxy showroom floors, and a 16-foot ceiling height, along with additional basement storage of approximately 900 square feet. A gated rear parking area adds practical on-site convenience for employees, customers, or deliveries.

The property is situated just south of 11 Mile Road along Dequindre, on a busy corridor with approximately 15,000 vehicles per day. It offers 50 feet of frontage on Dequindre and provides easy connectivity to I-696 and other major regional thoroughfares. The site sits on a 0.27-acre parcel in a B-3 zoning district, and the remarks also note rooftop utilities and two accompanying residential units.

For owner-occupiers or investors, the combination of retail/office functionality, updated interior environment, and supplemental storage can support a range of operations. The gated parking and direct corridor visibility through Dequindre frontage are practical considerations for businesses that rely on drive-by traffic or customer access. The B-3 zoning district and regional business designation further support multiple use types consistent with local allowances.

Key Highlights

  • Retail/office property built in 1989 with forced‑air heating and a flat roof
  • Located just south of 11 Mile Road with 50 ft of frontage on Dequindre and reported traffic of 15,000 vehicles per day
  • 0.27‑acre parcel in a B‑3 zoning district (Madison Heights regional business designation)

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.7k $16.80
− Vacancy −$3.8k −$1.43
EGI $40.9k $15.37
− OpEx −$12.3k −$4.61
NOI $28.6k $10.76
2,660 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$408.9K
$357.8K – $477.1K (±1% cap)
NOI $28,623 @ 7.0% cap · market cap 6.73%
Second Best
Office B
$130.8K
$114.5K – $152.6K (±1% cap)
NOI $9,157 @ 7.0% cap · market cap 2.15%
Theoretical Best
Specialty Retail
$573.7K
$502.0K – $669.4K (±1% cap)
NOI $40,162 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Gym & Fitness Center Nail Salon Parking Lot & Garage Daycare Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sofia Flowers — 3500 Chard Ave, Warren, MI 48092
  • Detroit Flower Delivery By DBG Flowers — 26000 Pinehurst Dr, Madison Heights, MI 48071
  • Kroger Floral — 28250 Dequindre Rd, Warren, MI 48092

FAQs

What type of property is this?
Storefront property - Well-maintained retail and office building with gated rear parking and updated interior ready for immediate use.
Where is this storefront property located?
The property is located at 26201 Dequindre Road Madison Heights, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Retail/office property built in 1989 with forced‑air heating and a flat roof; Located just south of 11 Mile Road with 50 ft of frontage on Dequindre and reported traffic of 15,000 vehicles per day; 0.27‑acre parcel in a B‑3 zoning district (Madison Heights regional business designation)
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