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14226 Eureka Rd 4,000 SF Retail Building Southgate, MI 48195 $750,000 ($187.50/SF)
Investment Highlights
- Mixed-use property featuring retail (first floor) and residential apartment (second floor)
- ±2,000 SF second-floor apartment; permitted non-conforming residential use
- Recent improvements include newer roof, generator, and front windows
- ±2,000 SF ground-floor retail space; can be split into 2 spaces
- Second-floor apartment; 3 bed, 1 bath, living/dining areas, kitchen, utility room, walk-in closet
Executive Summary
Property Highlights
• Mixed-use property (retail + residential)
• Fully owner-occupied; flexible for owner-user or investment conversion
• Recent improvements include newer roof, generator, and front windows
Retail
• ±2,000 SF ground-floor retail space
• Can be split into 2 spaces
Residential
• ±2,000 SF second-floor apartment
• Permitted non-conforming residential use
• 3 bed, 1 bath, living/dining areas, kitchen, utility room, walk-in closet
Location & Exposure
• Located on the north side of Eureka Road, between Dix Toledo and Fort Street in Southgate, MI
• Traffic: 31,746 VPD, Population: 218K+ within a 5-mile radius
• Directly across the street from national retailers and established shopping centers
• Mixed-use property (retail + residential)
• Fully owner-occupied; flexible for owner-user or investment conversion
• Recent improvements include newer roof, generator, and front windows
Retail
• ±2,000 SF ground-floor retail space
• Can be split into 2 spaces
Residential
• ±2,000 SF second-floor apartment
• Permitted non-conforming residential use
• 3 bed, 1 bath, living/dining areas, kitchen, utility room, walk-in closet
Location & Exposure
• Located on the north side of Eureka Road, between Dix Toledo and Fort Street in Southgate, MI
• Traffic: 31,746 VPD, Population: 218K+ within a 5-mile radius
• Directly across the street from national retailers and established shopping centers
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1950
Price
$750,000
Price Per SF
$187.50
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.16 AC
Zoning
C-2, General Business
Parking
9 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
78’ on Eureka Road
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 53-012-02-0004-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $126,700 |
Property Taxes
Parcel Number
53-012-02-0004-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$126,700
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14226 Eureka Rd
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