Parking Garage with Multiple
For Sale
$5,900,000
3490 12 Mile Rd, Berkley, MI 48072
Generous downtown Berkley parking property with a dedicated parking garage and multiple parking lot entrances.
Property Size69,878 SF
Price / SF$84.43
Days on Market216
Property Features for 3490 12 Mile Rd
General Information
Standard status
Active
Size
69,878 SF
Property subtype
Industrial
Amenities
3
Building Details
Year Built
19
Listing Agency:
Spencer Real Estate, LLC
(248) 396-7895
Listed By:
Jesica Spencer · License #6502432037
(248) 396-7895
Source:
Xome
Added: Jan 7
Changed: Aug 8
Last Checked: Aug 11 at 5:15AM
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 Spencer Real Estate, LLC
Investment Insights
Based on property information with market context.
This parking lot and commercial site includes a parking garage and is offered as a sizable assemblage opportunity in downtown Berkley. The property is described as having multiple parking lot entrances and easy access for arriving vehicles, visitors, and deliveries.
Located at 3490 12 Mile Road in Berkley, the site is positioned for convenient access to major area routes, with mention of being just seconds from Woodward Ave. The remarks also reference walkability to Royal Oak Beaumont.
According to the city plan proposal noted in the remarks, the future development concept for this space contemplates luxury high-rise condominiums with shops and dining at street level. The site’s configuration and parking-oriented improvements are presented as supporting a range of potential uses, subject to applicable approvals.
Located at 3490 12 Mile Road in Berkley, the site is positioned for convenient access to major area routes, with mention of being just seconds from Woodward Ave. The remarks also reference walkability to Royal Oak Beaumont.
According to the city plan proposal noted in the remarks, the future development concept for this space contemplates luxury high-rise condominiums with shops and dining at street level. The site’s configuration and parking-oriented improvements are presented as supporting a range of potential uses, subject to applicable approvals.
Key Highlights
- Over 2.5‑acre downtown Berkley parking property with a dedicated parking garage
- Multiple parking lot entrances and easy access for deliveries
- Convenient access—just seconds from Woodward Ave
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Generous downtown Berkley parking property with a dedicated parking garage and multiple parking lot entrances.
Where is this parking lot & garage located?
The property is located at 3490 12 Mile Rd Berkley, MI.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Over 2.5‑acre downtown Berkley parking property with a dedicated parking garage; Multiple parking lot entrances and easy access for deliveries; Convenient access—just seconds from Woodward Ave
