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    12170 Fort St Southgate, MI 48195

    Sponsored
    For Sale
    $475,000

    Renovated Office Building, Ample Parking, Great Location

    Property size:
    2,855 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 2,855 square foot industrial building in Southgate, MI, is situated on a 0.24-acre lot and is offered at $475,000. The property boasts numerous recent updates, enhancing its functionality and appeal. Interior renovations completed in 2017 include updated office spaces, two ADA-compliant bathrooms equipped with baby changing stations, and two additional offices each with their own private bathroom. Exterior improvements are equally impressive, featuring landscaping enhancements (2018), a new roof (2022), an inground sprinkler system (2021), and a lighted sign with a scrolling message (2017). Parking is abundant with 13 spaces, including 2 handicap-accessible spots. Access is convenient with one main entrance and two private rear entrances, plus an after-hours drop box for added security. The interior layout is flexible, featuring two closing rooms, each seating eight, with a connecting door allowing for conversion into one large space. The building's previous use as a doctor's office and current use as a real estate office demonstrates its versatility, making it suitable for a variety of businesses. Furniture and equipment are available for purchase separately. This turnkey property presents a unique opportunity for a business seeking a well-maintained, updated space with excellent curb appeal and ample parking.

    Property Features for 12170 Fort St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,855 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1919
    Location Intelligence

    Current Use by Public Records

    GAP Realty Group Real Estate Agency Donna Colley Andrews, ... Real Estate Agency GAP Realty Group-Mike ... Real Estate Agency Turn Key Title ... Title Company phos management inc Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.18164
    Latitude
    42.21963

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    FAQs

    What type of property is this?
    Industrial property - Renovated Office Building, Ample Parking, Great Location
    Where is this industrial property located?
    The property is located at 12170 Fort St Southgate, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    (734) 250-7248
    Request Owner's contact information
    12170 Fort St Southgate, MI 48195
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    Southgate, MI 48195
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12170 Fort St Southgate, MI 48195
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