Medical Office Space with Vacant
New
For Sale
$1,249,000
1181 N Milford Road, Milford, MI 48381
The upper level is vacant, while the lower level is subject to an NNN lease through May 2028.
Property Size8,573 SF
Lot Size0.83 Acres
Price / SF$145.69
Days on Market5
Property Features for 1181 N Milford Road
General Information
Standard status
Active
Size
8,573 SF
Lot size
0.83 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$23,450
Amenities
monument signage
landscaping
ADA ramps
updated HVAC
LED lighting
Building Details
Building Size
8,573 SF
Year Built
1990
Buildings
1
Stories
8573
Units
5
Construction
brick
Listing Agency:
Live North Real Estate LLC
Listed By:
Kevin Johnston
(248) 880-8931
Source:
Case-realty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 5:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Live North Real Estate LLC
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Investment Insights
Based on property information with market context.
This 8,573-square-foot brick medical and professional building, constructed in 1990, occupies 0.83 acres. Its two floors each measure approximately 4,286 square feet. The upper floor is vacant; the lower floor is subject to an NNN lease through May 2028. Building improvements include updated HVAC, LED lighting, landscaping, ADA ramps, monument signage, and parking.
Key Highlights
- 8,573 SF brick medical/professional building on 0.83 acres
- Two floors of approximately 4,286 SF each
- Lower floor subject to an NNN lease through May 2028; tenant has vacated
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48381, MI
13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Veterinary Care Services of Milford — 205 Rowe Rd, Milford Charter Twp, MI 48380
- Pet Authority Animal Hospital — 205 Rowe Rd, Milford, MI 48380
Frequently Asked Questions
What type of property is this?
Medical Office Space - The upper level is vacant, while the lower level is subject to an NNN lease through May 2028.
Where is this medical office space located?
The property is located at 1181 N Milford Road Milford, MI.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 8,573 SF brick medical/professional building on 0.83 acres; Two floors of approximately 4,286 SF each; Lower floor subject to an NNN lease through May 2028; tenant has vacated
