540 11th Mile Rd, Unit 544 Madison Heights, MI 48071-3702
- Office buildings
- 5,542 SF
- 0.35 lot acres
Current Use by Public Records
- Office buildings
Property Details for 540 11th Mile Rd
- Year built
- 1982
- Lot size
- 0.35 lot acres
- Property size
- 5,542 SF
- Zone code
- B-3 GEN
- Property type
- Office buildings
- APN
- 44-25-24-104-034
- APU
- 442524104034
Description
This exceptional investment opportunity presents a three-unit office building totaling 5,323 square feet, situated on a 0.33-acre lot at 540, 542 & 544 E. 11 Mile Road in Madison Heights, Michigan, 48071. The property, built in 1982, is zoned B-3 and offers significant flexibility for various business needs. Currently configured as three separate units, the building could easily be adapted to accommodate two or even a single larger tenant. The asking price is $479,000, translating to a price per square foot of $89.98. Fifteen parking spaces are available on-site, providing ample convenience for tenants and clients. The building's features include convenient overhead doors, making it suitable for businesses requiring storage or easy access for larger equipment. Its strategic location just off I-75 provides excellent accessibility and visibility, enhancing its appeal to a wide range of potential occupants. This property represents a compelling investment opportunity in a thriving commercial area, offering a blend of established infrastructure and adaptable space. The building's layout and zoning allow for a variety of uses, making it an attractive option for both established businesses and new ventures seeking a prime location in Oakland County.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Madison Heights
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1015
- Latitude
- 42.4905
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA