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29150 Northwestern Hwy Southfield, MI 48034

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For Sale
$3,800,000

Gas station with high traffic location and established customer base.

Property size:
1,874 SF
Lot size:
0.46 Acres

Property Features for 29150 Northwestern Hwy

General Information

Size
1,874 SF
Lot size
0.46 Acres

Source: Encore Real Estate Investment Services Agent Brandon Hanna

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


Overview

Established Gas Station on Hard Corner

This is a long-standing gas station with an established location and customer base. The property is located on the hard corner of Northwestern Highway, which sees over 77,166 vehicles per day, and Franklin Road, which sees over 9,164 vehicles per day. The free-standing building features five new gas pumps providing ten fuel stations and three points of ingress and egress. The location provides immediate access to I-696, M-10, and US-24 expressways, which see a combined 294,000 vehicles per day, benefiting from both AM and PM commuters. The property is within a 20-minute drive to Wayne State University, a 23-minute drive to Downtown Detroit, a 25-minute drive to DTW International Airport, and less than a 30-minute drive to the Ambassador Bridge for entering Canada. The surrounding area includes various office buildings, medical office buildings, and national retailers. The immediate vicinity benefits from huge daytime employment and affluent demographics with over $2.6 billion in consumer spending within 5 miles. The building size is 1,874 square feet.
Insight Report Location Intelligence

Current Use by Public Records

bp Gas Station Megan Mary Inc Alternative Fuel Station

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Southfield
County
Oakland
State
Michigan
Longitude
-83.3101869
Latitude
42.5022743

FAQs

What type of property is this?
Gas station - Gas station with high traffic location and established customer base.
Where is this gas station located?
The property is located at 29150 Northwestern Hwy Southfield, MI.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - High-traffic hard corner location on Northwestern Hwy (77,166 VPD+) and Franklin Rd (9,164 VPD+); - Features five brand new gas pumps and ten fuel stations; - Immediate access to major expressways: I-696, M-10, and US-24 (294,000 VPD+ combined)
More about this property
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