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    Property profile & analytics
    OFF-MARKET
    Retail space

    3406 12th Mile Rd, Berkley, MI 48072-1397

    1,900 SF 0.09 ac lot Built 1951
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0872746
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1951
    Total area 1,900 SF
    Lot 0.09 ac (3,920 SF)
    Zoning code BI
    APN 04-25-07-451-050
    UPID US43-0872746
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Fortune Park LLC · 1 yrs held
    Fortune Park LLC
    since 2025
    2 recorded transactions
    2025
    2014
    Zoning & alternative use
    BI · Berkley, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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