3406 12th Mile Rd, Berkley, MI 48072-1397
This exceptional 1,900 square foot office/retail space, located at 3406 Twelve Mile Road in Berkley, Michigan, presents a unique investment opportunity. Built in 1951, this single-story building sits on a 0.09-acre lot within the Twelve Mile District zoning. The property boasts a prime downtown Berkley location, offering excellent visibility adjacent to Hartfield Lanes. Features include six parking spaces, a fenced lot providing security and privacy, a convenient rear entrance, and a 9' x 7' overhead door, ideal for various business needs. The asking price is $400,000, translating to $210.53 per square foot. The property's adaptable layout makes it suitable for a range of uses, from a contractor's office to a retail space. Its central location and ample parking make it an attractive option for businesses seeking a high-visibility presence in the thriving Berkley community. The property's APN is 25-07-451-050. This is a rare opportunity to acquire a well-situated commercial property in a desirable location. Don't miss out on this chance to own a piece of Berkley's vibrant downtown.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Berkley, MIBerkley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.