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    3142 Coolidge Hwy Berkley, MI 48072

    Sponsored
    For Lease
    Contact for pricing

    Berkley, MI: Versatile Space Available

    Lot size:
    7,635 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,635 square foot multi-use property, located at 3142 Coolidge Highway in Berkley, Michigan, presents a unique investment opportunity. Situated in Oakland County, this versatile space offers a blend of retail, office, and industrial uses, currently configured as a medical office and warehouse. The property boasts a total of 18 parking spaces and four convenient drive-in bays, ensuring ample parking for tenants and clients. The building is currently fully vacant, providing a blank canvas for a new tenant or a portfolio of tenants. Flexible lease terms are available for spaces ranging from a minimum of 2,227 square feet to a maximum contiguous space of 5,408 square feet. Multiple tenancy options are available, making this property ideal for a variety of businesses seeking a prominent location in a thriving community. The property's strategic location in Berkley, MI, zip code 48072, offers excellent visibility and accessibility. This is a rare opportunity to secure a substantial, well-located property with significant potential for growth and return on investment. The property's diverse zoning allows for a wide range of uses, making it an attractive option for businesses seeking a flexible and adaptable space. Contact us today to learn more about this exciting opportunity and schedule a viewing.

    Property Features for 3142 Coolidge Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,635 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    5,408 SF
    Space
    Available Space 1
    Size
    2,227 SF

    HighLights

    • Highly versatile space suitable for medical, office, restaurant, or retail uses.
    • Over 140 feet of highway frontage with pylon signage opportunity.
    • 18 dedicated parking spaces on‑site.
    • Potential for an additional 25 parking spaces.
    • One (1) overhead door with Coolidge Highway access.
    • Three (3) overhead doors with rear alley access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Veterans Warehouse Car ... Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1834351
    Latitude
    42.5008858

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    FAQs

    What type of property is this?
    Restaurant - Berkley, MI: Versatile Space Available
    Where is this restaurant located?
    The property is located at 3142 Coolidge Hwy Berkley, MI.
    What are key features of this property?
    This property features: Highly versatile space suitable for medical, office, restaurant, or retail uses.; Over 140 feet of highway frontage with pylon signage opportunity.; 18 dedicated parking spaces on-site.
    Request Owner's contact information
    3142 Coolidge Hwy Berkley, MI 48072
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    Berkley, MI 48072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3142 Coolidge Hwy Berkley, MI 48072
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