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Storefront Property with Theater Marquee
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2960 Twelve Mile Rd, Berkley, MI 48072

Multi-suite retail building with surface parking and a prominent legacy marquee in a downtown commercial setting.

Property Size12,761 SF
Lot Size0.90 Acres
Days on Market142

Property Features for 2960 Twelve Mile Rd

General Information

Standard status Active
Size 12,761 SF
Lot size 0.90 Acres
Property subtype Retail

Additional Details

Asking Price $2,950,000

Amenities

marquee
surface level parking

Building Details

Year Built 1941
Buildings 1
Tenancy Multi
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:23PM

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

Investment Insights

Based on property information with market context.

This storefront property comprises a 12,761-square-foot building on 0.9 acres across three parcels. The improvements include a contiguous 10,696-square-foot retail area, three street-level suites of approximately 671 square feet each, and the original theater marquee. Constructed in 1941, the building operated as a theater for 52 years before later accommodating retail use, including a Rite Aid pharmacy that occupied the main space from 1993.

The property is located at 2960 Twelve Mile Road, just west of Coolidge in Berkley, Michigan. Two parcels have Twelve Mile Road frontage, while the remaining parcels provide paved surface parking. The site also serves as a setting for Berkley CruiseFest events and the associated classic car parade.

Key Highlights

  • 12,761‑square‑foot building on 0.9 acres across three parcels
  • 10,696‑square‑foot contiguous retail area
  • Three street‑level suites, each approximately 671 square feet

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Auto Parts Store Food Market Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Taco Bell Dining
15,399 visits/mo 0.4 miles
Little Caesars Pizza Dining
8,826 visits/mo 0.5 miles
Marathon Shops & Services
7,410 visits/mo 0.5 miles
Sunoco Shops & Services
5,884 visits/mo 0.4 miles
PNC Bank Shops & Services
5,223 visits/mo 0.4 miles

Demographics for 48072, MI

15,194
Population
7,068
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
6,331
Density / Sq Mi
$113,103
Median Household Income
$68,818
Median Earnings
$1,436
Median Rent
$289,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Endless Flowers 3678 W Eleven Mile Rd, Berkley, MI 48072

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-suite retail building with surface parking and a prominent legacy marquee in a downtown commercial setting.
Where is this storefront property located?
The property is located at 2960 Twelve Mile Rd Berkley, MI.
What are key features of this property?
This property features: 12,761‑square‑foot building on 0.9 acres across three parcels; 10,696‑square‑foot contiguous retail area; Three street‑level suites, each approximately 671 square feet
(248) 702-0299 Call to check price and availability
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