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27051 Southfield Rd 1,600 SF Retail Building Lathrup Village, MI 48076 $670,042 CAD ($418.78 CAD/SF)
INVESTMENT HIGHLIGHTS
- High traffic Premium Location. 2 Retail units in 1 building, 27047 Southfield (previously Massage Store) & 27051 Southfield (previously Lawyer office)
EXECUTIVE SUMMARY
High traffic Premium Location. 2 Retail units in 1 building, 27047 Southfield (previously Massage Store) & 27051 Southfield (previously Lawyer office) . Above ground 1,588 sqft with a full basement. 10 Parking lots. 43 feet on Southfield Rd.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$8,845
|
$5.53
|
| Operating Expenses |
$5,584
|
$3.49
|
| Total Expenses |
$14,428
|
$9.02
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $8,845 |
| Annual Per SF | $5.53 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,584 |
| Annual Per SF | $3.49 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $14,428 |
| Annual Per SF | $9.02 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
C
Year Built
1969
Price
$670,042 CAD
Price Per SF
$418.78 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.10 AC
Zoning
B-1 - Business
Parking
10 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
39’ on Southfield Rd
AMENITIES
- 24 Hour Access
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-14-484-007 | Total Assessment | $124,387 CAD (2024) |
| Land Assessment | $0 CAD (2024) | Annual Taxes | $8,845 CAD ($5.53 CAD/SF) |
| Improvements Assessment | $0 CAD (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
24-14-484-007
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$124,387 CAD (2024)
Annual Taxes
$8,845 CAD ($5.53 CAD/SF)
Tax Year
2025 Payable 2025
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Presented by
Lan Lan Holdings, LLC
27051 Southfield Rd
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