Brewery Building with Overhead
New
For Sale
Contact for pricing
14401 W Eleven Mile Rd, Oak Park, MI 48237
Remodeled brewery space includes available furnishings, fixtures, and equipment, plus a city-maintained public lot behind the building.
Property Size7,330 SF
Price / SF$0.00
Days on Market5
Property Features for 14401 W Eleven Mile Rd
General Information
Standard status
Active
Size
7,330 SF
Total Parking Spaces
50
Property subtype
Retail
Zoning
MX-1
Additional Details
Asking Price
$1,245,000
Property Use
Brewery
Building Details
Building Size
7,330 SF
Year Built
1954
Stories
1
Tenancy
Single Tenant
Listing Agency:
Signature Associates - Southfield
Listed By:
Peter Vanderkaay · License #6501388318
(248) 359-3837
Source:
Cpix.resimplifi
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 3:53PM
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 Signature Associates - Southfield
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1954, this 7,330-square-foot brewery building has been remodeled and includes two overhead doors. Furnishings, fixtures, and equipment are available with the property. The building is zoned MX-1.
A city-maintained public parking lot sits behind the building.
A city-maintained public parking lot sits behind the building.
Key Highlights
- 7,330‑square‑foot remodeled brewery building
- Two overhead doors
- Furnishings, fixtures, and equipment available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,317
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,340
$726.3K
Cap Rate 7%
$518,814
$518.8K
Cap Rate 9%
$403,522
$403.5K
Market Conditions
NOI Build-Up for 7,330 SF
Gross rent
$53.9K $7.35/SF
− Vacancy
−$2.0K −$0.27/SF
EGI
$51.9K $7.08/SF
− OpEx
−$15.6K −$2.12/SF
NOI
$36.3K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,340
Cap Rate 7%
$518,814
Cap Rate 9%
$403,522
Alternative Uses
Best Use
Industrial
$518.8K
$454.0K – $605.3K
NOI $36,317 @ 7.0% cap · market cap 279,361.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.58M
$1.38M – $1.84M
NOI $110,671 @ 7.0% cap · market cap 851,315.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 48237, MI
29,560
Population
13,036
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
5,796
Density / Sq Mi
$65,882
Median Household Income
$44,992
Median Earnings
$1,354
Median Rent
$198,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Brewery - Remodeled brewery space includes available furnishings, fixtures, and equipment, plus a city-maintained public lot behind the building.
Where is this brewery located?
The property is located at 14401 W Eleven Mile Rd Oak Park, MI.
What are key features of this property?
This property features: 7,330‑square‑foot remodeled brewery building; Two overhead doors; Furnishings, fixtures, and equipment available
