Property profile

22655 S Chrysler Dr Hazel Park, MI 48030

FOR LEASE
Office Building
Property ID
US43-5208411
3,644 SF Built 1956
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Property summary

AI-generated overview

This commercial building in Hazel Park, Michigan is a brick-and-block structure on a 0.24-acre lot with access/exposure from a service drive and quick connectivity to I-696 and I-75. The building is configured to support multiple uses, with potential for up to 10 offices, a large lobby/foyer area that includes a receptionist area or additional office space, a conference room currently located in a vault, and storage areas. Interior features include three bathrooms (one with a shower) and a kitchen with built-in cabinets and counters, plus a refrigerator, sink, and dishwasher. The foyer has a ledgerstone wall and vinyl flooring, and the building includes newer carpet. Mechanical systems include two high-efficiency furnaces installed in 2018 and central air installed in 2018. The roof was replaced in two sections, with one section replaced in 2012 and another in 2025; windows were updated in 2012, and the electrical system has been updated. Parking consists of 13 spaces located behind the building off Otis Street.

Property profile

Verified
Property type Office Building
Year built 1956
Total area 3,644 SF
APN 28-25-35-230-033
UPID US43-5208411

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
  • Rental Equipment Company
  • Party Supply Store Rental Equipment Company
  • Law Firm
  • Law Firm
  • Vocational School Training Center

Location

22655 S Chrysler Dr Hazel Park, MI 48030
Hazel Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$231,438
2 recorded transactions
2022
$231,438
2019
Price N/A
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