For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Southgate Office Conversion Opportunity Title is generated by Realmo AI

    15602 Northline Rd, Southgate, MI 48195

    View on Map
    Claim this Listing
    For Sale
    $99,900

    1644 SF property with business use potential in Southgate.

    Type:Commercial
    Property size:
    1,644 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $60/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 4 at 5:32 am

    Property Features for 15602 Northline Rd

    General Information

    Standard status
    Active
    Size
    1,644 SF
    Lot size
    0.09 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Contact an agent
    Sean Konja

    Listing office Creekstone Realty

    Listing date Mar 10, 2026

    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 Creekstone Realty

    HighLights

    • 1,644 SQFT of living space with 3 bedrooms and a basement.
    • RO‑1 Restricted Office zoning allows for diverse business uses (subject to city approval).
    • Located in the Southgate School District.
    • Two‑car detached garage.
    • Great potential for residential, rental, or business conversion.
    • Built in 1900, offering unique character.

    Overview

    This property offers 1,644 square feet of living space, featuring 3 bedrooms and 1 bath. It includes a basement and a 2-car detached garage. Located in the Southgate School District, the property is zoned RO-1 Restricted Office. Permitted uses include office buildings, medical offices (including labs and clinics), facilities for human care such as hospitals and sanitariums, banks, credit unions, barber shops, and beauty shops. All business uses must be approved by the city. The property has potential for various uses, including residential, rental, or conversion for business purposes. Note that the back of the home near the kitchen/laundry area has water damage. The property is being sold AS-IS.

    Local Financial Insights For Office B

    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 $9.9k $6.00
    − Vacancy −$2.3k −$1.41
    EGI $7.5k $4.59
    − OpEx −$1.9k −$1.15
    NOI $5.7k $3.44
    1,644 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $80.8K
    $70.7K – $94.3K (±1% cap)
    NOI $5,659 @ 7.0% cap · market cap 5.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $304.4K
    $266.3K – $355.1K (±1% cap)
    NOI $21,306 @ 7.0% cap · market cap 21.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Spaces

    Suggested Use

    Restaurant Dental Office Building Supply Spa & Massage Center Real Estate Agency Big Box & Wholesale Store Department Store Skin Care Clinic Gym & Fitness Center Storage Facility

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

    Similar Places Nearby

    • Kinzit Technologies — 13400 Fort St, Southgate, MI 48195

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2133
    Latitude
    42.2136

    FAQs

    What type of property is this?
    Office space - 1644 SF property with business use potential in Southgate.
    Where is this office space located?
    The property is located at 15602 Northline Rd Southgate, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 1,644 SQFT of living space with 3 bedrooms and a basement.; RO‑1 Restricted Office zoning allows for diverse business uses (subject to city approval).; Located in the Southgate School District.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message