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Updated Social Club Office Building

1647 Seven Mile E Highland Park, MI 48203

1647 Seven Mile E, Highland Park, MI, 48203
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For Sale
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2,739 sq. ft. commercial building currently operating as a private social club, with 2025 HVAC, plumbing, and electrical updates.

Property Size2,739 SF
Price / SF$51.08
Days on Market118

Property Features for 1647 Seven Mile E

General Information

Standard status
Active
Size
2,739 SF
Property subtype
Mixed Use, Office, Retail

Building Details

Year Built
1946
Listing agency CENTURY 21 Professionals
Listed by Sheri Keljo · License #6501403848
Source Crexi
Added: Mar 26 Updated: Jul 21 at 7:20AM Checked: Jul 21 at 7:20AM

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 CENTURY 21 Professionals


Investment Insights

Based on property information with market context.

This 2,739 square foot commercial building is currently occupied and operated as a private, members-only social club. The layout is described as flexible and may be adaptable to a variety of commercial uses, subject to zoning. The property underwent significant updates in 2025, including new HVAC, plumbing, and electrical systems. Per a roofing company report, the roof has approximately 10 years of remaining life.

The building is positioned about a quarter-mile east of I-75, supporting strong roadway access and visibility within the Highland Park corridor.

Turnkey-ready for an owner-user or investor, the asset provides a current-use retail and office-style configuration alongside recently replaced core building systems.

Key Highlights

  • 2,739 sq. ft. commercial building currently operating as a private social club
  • Significant 2025 updates include new HVAC, plumbing, and electrical systems
  • Year built 1946 commercial building

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 $16.4k $6.00
− Vacancy −$3.9k −$1.41
EGI $12.6k $4.59
− OpEx −$3.1k −$1.15
NOI $9.4k $3.44
2,739 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%

Alternative Uses

Best Use
Retail
$370.8K
$324.4K – $432.6K (±1% cap)
NOI $25,953 @ 7.0% cap · market cap 18.55%
Second Best
Office B
$134.7K
$117.9K – $157.2K (±1% cap)
NOI $9,429 @ 7.0% cap · market cap 6.74%
Theoretical Best
Specialty Retail
$507.1K
$443.7K – $591.6K (±1% cap)
NOI $35,497 @ 7.0% cap · market cap 25.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Spa & Massage Center Computer & Electronic Repair Bakery

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

FAQs

What type of property is this?
Office building - 2,739 sq. ft. commercial building currently operating as a private social club, with 2025 HVAC, plumbing, and electrical updates.
Where is this office building located?
The property is located at 1647 Seven Mile E Highland Park, MI.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 2,739 sq. ft. commercial building currently operating as a private social club; Significant 2025 updates include new HVAC, plumbing, and electrical systems; Year built 1946 commercial building
Contact an agent
(248) 535-2204 Call to check price and availability
More about this property
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