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Harper Woods Commercial Investment Property

20570 Kelly Rd Harper Woods, MI 48225

Claim this Listing
For Sale
$3,500,000

Leased property near redevelopment area, offering stable income.

Type:Commercial
Lot size:
2.77 Acres
Added:
Nov 28, 2025
Days on Market:
226
Last Refresh:
Jul 2 at 7:30 pm

Property Features for 20570 Kelly Rd

General Information

Standard status
Active
Lot size
2.77 Acres
Property subtype
Commercial

Building Details

Year Built
1997

Listing office Premier One Group Inc

Listing date Nov 28, 2025

Source Elliman

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 Premier One Group Inc


Investment Insights

Based on property information with market context.

This commercial property is located in a busy commercial area of Harper Woods. The building is currently leased to Harper Woods Public Schools under a triple-net contract, generating a monthly income of $21,715. The owner is responsible for liability insurance. The lease is in effect until March 29, 2033. Situated on a busy intersection, the property benefits from its proximity to a planned redevelopment of one million square feet of warehouses and stores at the former Eastland Mall site. It is also located near Home Depot and other medium to large stores along Kelly Road and Eight Mile Road. The property represents a stable investment opportunity with an existing long-term lease in place.

Key Highlights

  • High monthly income of $21,715 from a triple‑net lease.
  • Lease in place with Harper Woods Public Schools until March 29, 2033.
  • Located in a busy commercial area of Harper Woods.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Auto Repair Shop Spa & Massage Center Law Firm Restaurant Nail Salon Auto Parts Store Hair Salon Electrical Service Pharmacy Grocery & Convenience Store

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

FAQs

What type of property is this?
Storefront property - Leased property near redevelopment area, offering stable income.
Where is this storefront property located?
The property is located at 20570 Kelly Rd Harper Woods, MI.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High monthly income of $21,715 from a triple‑net lease.; Lease in place with Harper Woods Public Schools until March 29, 2033.; Located in a busy commercial area of Harper Woods.
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