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    32440 Franklin Rd Franklin, MI

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    For Lease
    $1,750,000

    Charming commercial building in Franklin Village, ideal for various businesses.

    Property size:
    3,866 SF
    Lot size:
    0.67 Acres

    Property Features for 32440 Franklin Rd

    General Information

    Size
    3,866 SF
    Lot size
    0.67 Acres

    Source: Signature Associates Agent Anatola Sesi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Franklin Commercial Building For Rent

    This beautifully maintained commercial building offers exceptional flexibility and character, suitable for a restaurant, coffee shop, bed & breakfast, boutique retail, office, or mixed-use purposes. It is located in the heart of walkable Franklin Village, surrounded by tree-lined streets, shops, and dining, making it suitable for a destination business in an upscale community. The property includes ample on-site parking. It features timeless architectural elements and inviting curb appeal. The building is located minutes from Telegraph Road and Northwestern Highway. The property has a size of 3866 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0602998
    Latitude
    42.348495

    Nearby Similar for Lease

    • $22 SF/Yr
      3,866 SF

      Executive Office Suite in Beverly Hills

      Prestigious Franklin Road Office Space Available
      32440 Franklin Rd, Franklin, MI 48025
      View Details

    FAQs

    What type of property is this?
    Office building - Charming commercial building in Franklin Village, ideal for various businesses.
    Where is this office building located?
    The property is located at 32440 Franklin Rd Franklin, MI.
    What are key features of this property?
    This property features: - Prime location in the heart of walkable Franklin Village, surrounded by shops and dining.; - Exceptional flexibility for various commercial uses (restaurant, retail, office, etc.).; - Ample on-site parking.
    (248) 882-0506
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    Franklin, MI
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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
    32440 Franklin Rd Franklin, MI
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