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25815 W 10 Mile Rd
Southfield, MI 48033
Retail Property For Sale
Investment Highlights
- HARD-CORNER REDEVELOPMENT OPPORTUNITY.
- STRONG VISIBILITY & FRONTAGE.
- FLEXIBLE INCOME.
- B-3 GENERAL BUSINESS ZONING.
- SIGNALIZED INTERSECTION AND UTILITIES AVAILABLE.
Executive Summary
25815 W 10 Mile Rd in Southfield, MI is a 2,000 SF retail building located at HARD-CORNER REDEVELOPMENT OPPORTUNITY, a ±2.35-acre site located at the signalized intersection of 10 Mile Road & Beech Road. B-3 GENERAL BUSINESS ZONING Zoned B-3, allowing for a wide range of commercial uses including retail, restaurant (QSR with drive-thru), medical, office, and service-oriented businesses (subject to municipal approval). FLEXIBLE INCOME The existing tenant is on a month-to-month lease, providing immediate flexibility for new ownership to negotiate and extend tenancy for interim cash flow.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,000 SF
Building Class
C
Year Built
1980
Price
$1,516,834 CAD
Price Per SF
$758.42 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.35 AC
Zoning
B-3 - General Business
Parking
12 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 24-30-226-030 | Improvements Assessment | $123,029 CAD |
| Land Assessment | $317,597 CAD | Total Assessment | $440,626 CAD |
Property Taxes
Parcel Number
24-30-226-030
Land Assessment
$317,597 CAD
Improvements Assessment
$123,029 CAD
Total Assessment
$440,626 CAD
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