Retail Corner Location For
25761 Coolidge Highway Oak Park, MI 48237
For Sale
$345,622
Retail property at a signalized corner location.
Property Size1,519 SF
Price / SF$227.53
Days on Market128
Property Features for 25761 Coolidge Highway
General Information
Standard status
Active
Size
1,519 SF
Property subtype
Retail
Listing Agency:
CBRE - Detroit
(248) 351-2084
Listed By:
Matthew Croswell · License #6501367356
(248) 351-2084
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 30 at 3:32AM
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 CBRE - Detroit
Investment Insights
Based on property information with market context.
This commercial property, suitable for retail or storefront use, is situated at the southwest hard corner of Coolidge Highway and Lincoln Street. The property offers a total size of 1519 square feet.
Key Highlights
- Signalized southwest hard corner location
- Coolidge Hwy frontage
- Lincoln Street frontage
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $16.80 |
| − Vacancy | −$2.2k | −$1.43 |
| EGI | $23.4k | $15.37 |
| − OpEx | −$7.0k | −$4.61 |
| NOI | $16.3k | $10.76 |
1,519 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$233.5K
$204.3K – $272.4K
NOI $16,345 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$327.6K
$286.7K – $382.2K
NOI $22,934 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Rose of Sharon Flowers — 14301 nadine st, oak park, mi 48237
- Endless Flowers — 3678 W Eleven Mile Rd, Berkley, MI 48072
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property at a signalized corner location.
Where is this storefront property located?
The property is located at 25761 Coolidge Highway Oak Park, MI.
What is the asking price?
The asking price for this property is $345,622.
What are key features of this property?
This property features: Signalized southwest hard corner location; Coolidge Hwy frontage; Lincoln Street frontage
