32969 Hamilton Ct Farmington Hills, MI 48334

Quakertown Plaza presents a compelling value-add opportunity in Farmington Hills, Michigan. This two-building office complex, totaling 63,807 square feet, sits on a 2.42-acre lot and offers 177 parking spaces. The property, built in 1975, features three stories per building and is currently 60% occupied, presenting a significant opportunity for a new owner to reposition and rebrand the space. The buildings are zoned OS-4 | Office Research District, providing flexibility for future use. Recent capital improvements include new heating and cooling systems (boilers, air conditioning units, and furnaces) in both buildings. The asking price is $3,000,000, translating to $47 per square foot—significantly below replacement cost. The property boasts prominent 12 Mile Road monument signage, enhancing visibility and accessibility. With a current Net Operating Income (NOI) of $97,412, this property is ideal for investors seeking undervalued office product in a high-quality area or a user requiring 10,000+ square feet of space. The substantial parking and prime location make this a highly attractive investment.