Property profile

115 Center St Northville, MI 48167

OFF-MARKET
Office Spaces
13,600 SF Built 1940
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Property summary

AI-generated overview

This exceptional 13,600 square foot, two-story office building, constructed in 1940, is situated in Northville's vibrant Central Business District (CBD) within the Southern I-275 Corridor. The property, located at 115 N Center St, Northville, MI 48167, sits on a 0.2-acre lot and offers multiple tenancy options. Currently, there are two available executive office suites. Suite 200, totaling 1,771 square feet, boasts four private offices, a conference room, a kitchenette, and a reception/lobby area. Suite 203 comprises 1,217 square feet and includes an open workspace along with five private offices. The building features exposed brick, adding to its historic charm. Access is convenient, with entry points from both N Center Street and a rear public parking lot. The property also offers the opportunity for exterior signage, providing excellent visibility for tenants. The building does not have elevators. This is a unique opportunity to lease space in a desirable downtown location with character and modern convenience. The property is zoned for CBD use.

Property profile

Verified
Property type Office Spaces
Year built 1940
Total area 13,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Interior Design Home Decor Store
  • Physician Medical Clinic
  • Crisis Center Medical Clinic

Location

115 Center St Northville, MI 48167
Northville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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