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Established Gas Station on Hard Corner

29150 Northwestern Hwy, Southfield, MI

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For Sale

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Gas station with high traffic location and established customer base.

Type:RETAIL

Property size:

1,874 SF

Lot size:

0.46 Acres

Price / SF:

$2,027/SF

HighLights

High‑traffic hard corner location on Northwestern Hwy (77,166 VPD+) and Franklin Rd (9,164 VPD+)
Features five brand new gas pumps and ten fuel stations
Immediate access to major expressways: I‑696, M‑10, and US‑24 (294,000 VPD+ combined)
Established location with long‑standing operation and customer base
Affluent demographics with over $2.6 Billion in consumer spending within 5 miles
Close proximity to office buildings, medical offices, and national retailers

We can help!

Listing Contact

Brandon Hanna

For Sale

Contact for pricing

Gas station with high traffic location and established customer base.

Type:RETAIL

Property size:

1,874 SF

Lot size:

0.46 Acres

Price / SF:

$2,027/SF

Added:: Jul 31, 2023
Days on Market:: 1051
Last Refresh:: May 20 at 9:59 pm

Property Features for 29150 Northwestern Hwy

General Information

Standard status: Active
Size: 1,874 SF
Lot size: 0.46 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Brandon Hanna

Listing agent Brandon Hanna License #MI 6502375353

Listing office Encore Real Estate Investment Services

Listing date Jul 31, 2023

Source Moodyscre

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 Encore Real Estate Investment Services

HighLights

High‑traffic hard corner location on Northwestern Hwy (77,166 VPD+) and Franklin Rd (9,164 VPD+)
Features five brand new gas pumps and ten fuel stations
Immediate access to major expressways: I‑696, M‑10, and US‑24 (294,000 VPD+ combined)
Established location with long‑standing operation and customer base
Affluent demographics with over $2.6 Billion in consumer spending within 5 miles
Close proximity to office buildings, medical offices, and national retailers

Overview

This is a long-standing gas station with an established location and customer base. The property is located on the hard corner of Northwestern Highway, which sees over 77,166 vehicles per day, and Franklin Road, which sees over 9,164 vehicles per day. The free-standing building features five new gas pumps providing ten fuel stations and three points of ingress and egress. The location provides immediate access to I-696, M-10, and US-24 expressways, which see a combined 294,000 vehicles per day, benefiting from both AM and PM commuters. The property is within a 20-minute drive to Wayne State University, a 23-minute drive to Downtown Detroit, a 25-minute drive to DTW International Airport, and less than a 30-minute drive to the Ambassador Bridge for entering Canada. The surrounding area includes various office buildings, medical office buildings, and national retailers. The immediate vicinity benefits from huge daytime employment and affluent demographics with over $2.6 billion in consumer spending within 5 miles. The building size is 1,874 square feet.

Property Profile Location Intelligence

Current Use by Public Records

bp Gas Station Megan Mary Inc Gas Station

Suggested Use

Location Insight

Map
Local Demand

City: Southfield
County: Oakland
State: Michigan
Longitude: -83.3102
Latitude: 42.5023

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For sale
Gas stations
MI
Southfield
29150 Northwestern Hwy

What type of property is this?

Gas station - Gas station with high traffic location and established customer base.

Where is this gas station located?

The property is located at 29150 Northwestern Hwy Southfield, MI.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: High‑traffic hard corner location on Northwestern Hwy (77,166 VPD+) and Franklin Rd (9,164 VPD+); Features five brand new gas pumps and ten fuel stations; Immediate access to major expressways: I‑696, M‑10, and US‑24 (294,000 VPD+ combined)

29150 Northwestern Hwy, Southfield, MI

Gas station with high traffic location and established customer base.

Property Features for 29150 Northwestern Hwy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Property in Oakland, MI

Multi-Tenant Office Building

Income-Producing Southfield Office Condo Portfolio

Southfield Office Building Investment Opportunity

Southfield Office Building For Sale

Established Pizza Shop Business

Southfield Medical Building For Sale

Southfield Office Building Opportunity

Southfield Office Building for Sale

Southfield Corner Office Building

Southfield Office Building For Sale

Southfield Flex/Industrial/Office Space For Sale

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