Current Use by Public Records
- Industrial properties
Property Details for Undisclosed Address
- Year built
- 1920
- Lot size
- 0.48 lot acres
- Property type
- Industrial properties
Description
This exceptional opportunity presents a rare chance to acquire a thriving, freestanding industrial provisioning center in Oakland, MI. Located in a high-income suburban area, this 3,537 square foot building sits on a 0.48-acre lot and boasts a prime location within a select group of similar facilities. Opened in late 2021, the center has demonstrated consistent monthly sales growth, currently averaging approximately $600,000 per month. The business operates with a significantly higher-than-average gross profit margin of around 60%, offering substantial value-add potential. The sale includes the option to purchase the business license and real estate, or to lease the real estate separately. Approximately $1 million in inventory is also available for purchase. The property features 22 parking spaces, plus ample street parking, and a prominent monument sign for optimal brand visibility. The building itself is a brand-new, ground-up construction completed in 2021. Its strategic location benefits from a dense, high-income residential population and proximity to several national and regional businesses. This turnkey operation presents a unique investment opportunity with significant upside potential.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3389
- Latitude
- 42.6097
