Franklin Village Commercial Building For
For Sale
$1,375,000
32682 Franklin Road, Franklin, MI 48025
2,786 SF commercial building in Franklin Village historic district.
Property Size2,786 SF
Lot Size0.95 Acres
Price / SF$493.54
Days on Market129
Property Features for 32682 Franklin Road
General Information
Standard status
Active
Size
2,786 SF
Lot size
0.95 Acres
Property subtype
Retail
Listing Agency:
CBRE | Detroit
(248) 351-2051
Listed By:
Dave Long
(248) 351-2051
Source:
Cbre
Added: Apr 15
Changed: Aug 18
Last Checked: Aug 20 at 12:03PM
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 2,786 square foot commercial building, originally built in 1958 and remodeled in 2020, is situated on a 0.95-acre lot. The property features a surface parking lot with 32 spaces, providing a parking ratio of 11.5 spaces per 1,000 square feet. Located in the central business district of Franklin Village, within the Village of Franklin Historic District, the property is zoned C-1 Commercial. The estimated real estate taxes for 2025 are $24,864.44. This free-standing building offers potential for redevelopment or adaptive reuse.
Key Highlights
- Prime Village of Franklin CBD location
- Free standing building with surface parking lot
- 32 parking spaces provide a parking ratio of 11.5/1,000
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48025, MI
14,878
Population
5,866
Households
2.5
Avg Household Size
45
Median Age
75%
College-Educated
98%
High-School Grad
8.0 sq mi
ZIP Area
1,860
Density / Sq Mi
$177,126
Median Household Income
$97,095
Median Earnings
$2,397
Median Rent
$514,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 2,786 SF commercial building in Franklin Village historic district.
Where is this storefront property located?
The property is located at 32682 Franklin Road Franklin, MI.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Prime Village of Franklin CBD location; Free standing building with surface parking lot; 32 parking spaces provide a parking ratio of 11.5/1,000
