40320 5th Mile Rd Plymouth, MI 48170-2710

Lake Point Plaza, a single-story, 14,747 square foot retail center located at 40320-40420 Five Mile Rd, Plymouth, MI 48170, presents a compelling investment opportunity. Built in 1987 and renovated in 2010, this property sits on a 2.37-acre lot west of Haggerty Road and is zoned for retail use. The building features 89 total parking spaces, providing ample convenience for customers. Currently, there are 2,400 square feet of vacant space available for lease, offering flexibility for various retail uses. The existing tenants benefit from the high traffic area and strong neighborhood demographics. The property boasts 220-volt, 3-phase power, ensuring suitability for a range of businesses. The Wayne County location, with APN 77-051-99-0174-708, offers excellent access to major roadways and a thriving community. This is an exceptional opportunity to acquire a well-maintained retail center in a prime location with immediate income potential and significant upside. The property's single-building design and convenient parking make it an attractive option for both tenants and investors. The available space is ideal for expansion or new business ventures.