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101-107 Townsend St 11,700 SF 100% Leased Retail Building Birmingham, MI 48009 For Sale
INVESTMENT HIGHLIGHTS
- Located in the heart of downtown Birmingham, MI.
- Zoned B-4 Business Residential – Variety of Allowable Uses.
- Multi tenant retail plaza.
EXECUTIVE SUMMARY
The property presents a unique and versatile redevelopment opportunity. Currently operating as a retail plaza, its prime location and favorable zoning ordinance offer the potential for a variety of uses, including recreational facilities, multifamily residences, live/work units, and other commercial uses. This flexibility makes it an ideal investment for developers looking to capitalize on the area's dynamic market and diverse community needs.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,700 SF
Building Class
B
Year Built
2006
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.27 AC
Zoning
BI - Commercial Zoned District
Parking
75 Spaces (6.41 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 19-36-138-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,917,967 CAD |
PROPERTY TAXES
Parcel Number
19-36-138-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,917,967 CAD
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101-107 Townsend St
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