Property summary
This exceptional retail property presents a unique ground lease opportunity in the thriving city of Madison Heights, Michigan. Situated on a 0.46-acre lot at the highly visible southwest corner of East 12 Mile Road and Dequindre Road, this property boasts an existing 3,038 square foot building, currently vacant and ready for immediate occupancy. The B-1 zoning allows for a variety of commercial uses, making it an ideal location for a wide range of businesses seeking high traffic exposure. The property's strategic location ensures excellent visibility and accessibility for customers, benefiting from the significant daily traffic flow along these major thoroughfares. The substantial lot size offers ample space for potential expansion or outdoor amenities, further enhancing the property's appeal. Located in Oakland County, this property offers a strong foundation for business growth within a vibrant and established community. The entire 3,038 square feet is available, providing a blank canvas for your business vision. This is a rare opportunity to secure a prime retail space in a high-demand area. Don't miss out on this chance to establish your business in a location primed for success. The property is located at 1850 E 12 Mile Rd, Madison Heights, MI 48071.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1 LOC · Madison Heights, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B-1 LOC in Madison Heights, MI.
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