13565 Dix Toledo Rd Southgate, MI 48195-2466

Property Details for 13565 Dix Toledo Rd

Year built

1956

Lot size

0.32 lot acres

Property size

4,872 SF

Zone code

C-2 GEN BUS

Property type

Strip malls

Property subtype

Neighborhood centers

APN

53 009 03 0078 001

APU

53009030078001

Description

This exceptional investment opportunity presents a 4,872 square foot industrial strip center located at 13565 Dix Toledo, Southgate, MI. The property sits on a 0.22-acre lot and boasts five fully renovated units, currently operating at 60% occupancy, offering significant upside potential. A potential gross annual income of $120,000 or more is achievable with 100% occupancy. The property benefits from a prime location with high visibility on a main street, ensuring excellent traffic counts and strong visual exposure for tenants. Ample parking is provided with 25 spaces available. Its strategic location near I-75 provides easy access to major transportation routes, and its proximity to key anchors such as Walmart, City Offices, and Meijer further enhances its desirability. The property includes parcels 53009030079000 and 53009030078001. Showings are by appointment only to avoid disturbing tenants. This is a rare chance to acquire a well-maintained, high-potential industrial property in a thriving Southgate location. The asking price is $780,000.