29150 Northwestern Hwy Southfield, MI
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Gas station with high traffic location and established customer base.
Type:RETAIL
Property size:
1,874 SFLot size:
0.46 AcresPrice / SF:
$2,027/SF- Added:
- Jul 31, 2023
- Days on Market:
- 1005
- Last Refresh:
- Apr 5 at 11:18 pm
Property Features for 29150 Northwestern Hwy
General Information
- Standard status
- Active
- Size
- 1,874 SF
- Lot size
- 0.46 Acres
- Property subtype
- RETAIL
Listing agent Brandon Hanna (248) 702-0280
Listing office Encore Real Estate Investment Services (248) 702-0280
Listing date Jul 31, 2023
Source Moodyscre
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 Encore Real Estate Investment Services
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
bp
Gas Station
Megan Mary Inc
Gas Station
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3102
- Latitude
- 42.5023
Nearby Similar for Sale
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)
