16325 11th Mile Rd, Roseville, MI 48066-4386
This 2,190 square foot retail space, formerly a party store, presents a fantastic investment opportunity in Roseville, Michigan. Located at 16325 E Eleven Mile Rd, 48066, this property boasts exceptional visibility due to its strategic placement off Eleven Mile Road and I-696. The building offers convenient on-site parking located at the rear, providing ample space for customers and employees. The asking price for this turnkey retail space is $199,999. The property's convenient store subtype makes it ideal for a variety of retail uses, offering a strong foundation for a successful business venture. Its prime location and ample parking make it an attractive option for both established businesses seeking expansion and entrepreneurs looking to launch a new enterprise. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this promising investment opportunity further. This property is zoned for retail use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Roseville, MIRoseville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.