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Investment Highlights
- Located on Berkley’s active Twelve Mile Road retail corridor with high visibility.
- Close to Greenfield Road and I-696, ensuring strong regional accessibility.
- Surrounded by well-known retailers and dense residential neighborhoods.
Executive Summary
This rare retail investment opportunity is located along Berkley’s highly trafficked Twelve Mile Road corridor, a vibrant commercial stretch that attracts steady vehicle and pedestrian activity. The property offers 7,365 square feet of functional space enhanced by an additional 5,300 square feet upstairs for storage, making it adaptable for a wide range of retail concepts or entertainment venues.
The location benefits from robust demographics, strong household incomes, and proximity to multiple residential neighborhoods, ensuring a consistent consumer base. Outstanding visibility and curb appeal amplify the property’s position in one of Metro Detroit’s popular walkable districts. Ample on-site parking adds operational convenience for occupants and patrons.
Included with the sale is a valuable liquor license, creating potential for restaurant, bar, or event-driven concepts that leverage Berkley’s thriving community atmosphere. Access to nearby major thoroughfares such as Greenfield Road and I-696 delivers excellent connectivity throughout the region. Positioned among national and local retailers, this property offers buyers a prime opportunity to establish or expand in an established, high-demand corridor.
The location benefits from robust demographics, strong household incomes, and proximity to multiple residential neighborhoods, ensuring a consistent consumer base. Outstanding visibility and curb appeal amplify the property’s position in one of Metro Detroit’s popular walkable districts. Ample on-site parking adds operational convenience for occupants and patrons.
Included with the sale is a valuable liquor license, creating potential for restaurant, bar, or event-driven concepts that leverage Berkley’s thriving community atmosphere. Access to nearby major thoroughfares such as Greenfield Road and I-696 delivers excellent connectivity throughout the region. Positioned among national and local retailers, this property offers buyers a prime opportunity to establish or expand in an established, high-demand corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,365 SF
Building Class
C
Year Built/Renovated
1946/1978
Price
$1,245,195 CAD
Price Per SF
$169.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.23 AC
Zoning
BI - Business Commercial
Parking
9 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
53’ on 12 Mile Rd
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $600,959 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$600,959 CAD
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3961-3995 12 Mile Rd
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