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Flex Building with Showroom Office
For Sale
$389,000

36050 Goddard Rd, Romulus, MI 48174

Flex showroom and office space with warehouse/garage improvements, including multiple bathrooms and an oversized heated garage.

Property Size2,604 SF
Price / SF$149.39
Days on Market242

Property Features for 36050 Goddard Rd

General Information

Standard status Active
Size 2,604 SF

Additional Details

Highway Access Yes
Listing Agency: EXP Realty
Listed By: Cornelia Stoian
Source: Exprealty
Added: Dec 7, 2025 Changed: Jul 10 Last Checked: Aug 3 at 1:57PM

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 EXP Realty

Investment Insights

Based on property information with market context.

This flex-style commercial building combines a showroom and large office space with additional upper-level room(s) and storage throughout. The warehouse/garage area includes one full bath and one half bath, plus enclosed storage beneath an available loft space. An oversized garage with a large door is supported by gas heating and an exhaust fan, providing functional options for light industrial and service-oriented users.

Located at 36050 Goddard Rd in Romulus, the property features a front digital sign for business advertising and a newly paved parking lot. The building offers plenty of parking and easy access to I-94, with shopping and Metro Airport just minutes away.

The layout is well suited for tenants or owners looking to combine customer-facing space with back-of-house storage and vehicle or equipment access. With showroom/office space alongside a heated, oversized garage and on-site enclosed storage, the building supports a variety of mixed-use operations that benefit from both visibility and practical operational space.

Key Highlights

  • Flex commercial building in Romulus with showroom/large office space and an upper‑level area
  • Warehouse/garage includes 1 full bath and 1 half bath plus enclosed storage beneath loft storage
  • Oversized heated garage with oversized door and gas heating with an exhaust fan

Financial Insights For Flex RnD

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 $26.2k $10.08
− Vacancy −$971 −$0.37
EGI $25.3k $9.71
− OpEx −$8.8k −$3.40
NOI $16.4k $6.31
2,604 SF · lease $10.08/SF/yr · vacancy 3.70% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$234.7K
$205.4K – $273.8K (±1% cap)
NOI $16,430 @ 7.0% cap · market cap 4.22%
Second Best
Warehouse
$233.9K
$204.6K – $272.8K (±1% cap)
NOI $16,370 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$482.1K
$421.9K – $562.5K (±1% cap)
NOI $33,748 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Hair Salon Spa & Massage Center Building Supply

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48174, MI

33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • George Delallo Co Inc 11895 Wayne Rd # 105, Romulus, MI 48174
  • JESS RITE Soul FOOD Catering 10111 Diane Dr, Romulus, MI 48174

Frequently Asked Questions

What type of property is this?
Flex space - Flex showroom and office space with warehouse/garage improvements, including multiple bathrooms and an oversized heated garage.
Where is this flex space located?
The property is located at 36050 Goddard Rd Romulus, MI.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Flex commercial building in Romulus with showroom/large office space and an upper‑level area; Warehouse/garage includes 1 full bath and 1 half bath plus enclosed storage beneath loft storage; Oversized heated garage with oversized door and gas heating with an exhaust fan
More about this property
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