Property summary
This exceptional 3,000 square foot church building presents a unique investment opportunity in Madison Heights, Michigan. Located at 26689 Northeastern Hwy, 48071, this property sits on a 0.395-acre lot (approximately 80 x 106 feet, irregular shape) and boasts a spacious sanctuary with seating for 80-100 people. The building, constructed in the 1950s, features a brick/block/frame exterior and a full basement. Heating and cooling are provided by gas hot water baseboard heat and central air conditioning. Ample parking is available with a paved lot accommodating 15-20 vehicles. Interior features include a fellowship hall, a small kitchen, a pastor's study, three classrooms, and two restrooms. Additional amenities include a shed, padded pews, and a washroom with a shower. A handicap-accessible ramp ensures convenient access for all. The property is zoned residential and currently has property tax exemption. The occupancy terms are negotiable. This versatile property offers significant potential for various uses, subject to obtaining necessary permits and approvals. Parcel number is 44-25-24-202-002.
Property profile
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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