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    OFF-MARKET
    Churches & religious facilities

    26689 Northeastern Hwy, Madison Heights, MI 48071

    3,000 SF 0.4 ac lot Built 1950
    Property ID
    US43-4960116
    Property summary
    AI-generated overview

    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
    Verified
    Property type Churches & religious facilities
    Year built 1950
    Total area 3,000 SF
    Lot 0.4 ac (17,206 SF)
    UPID US43-4960116
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mt. Zion Lutheran Church Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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