1055 9 Mile Rd Hazel Park, MI 48030

This exceptional Hazel Park, Michigan retail investment opportunity presents a 3,607 square foot building situated on a 0.23-acre lot at 1055 E 9 Mile Rd, zip code 48030. The property, categorized as a shopping center, offers two separate units, providing flexibility for diverse retail uses. Located in Oakland County, its prime position on E 9 Mile Road ensures high visibility and accessibility, maximizing business potential. The asking price is $400,000, representing a price per square foot of $110.90 and a 7.45% capitalization rate. The property benefits from its location within a vibrant commercial district, close to the Hazel Park Raceway and other popular dining, shopping, and entertainment venues. This strong retail environment, coupled with the property's size and layout, makes it an attractive investment for those seeking a versatile and well-positioned retail space in a thriving community. The property's high visibility and accessibility, combined with the area's supportive atmosphere for local businesses, present a compelling opportunity for growth and success. This is an ideal investment for savvy investors looking to capitalize on the potential of this dynamic commercial corridor.