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24065 Gibraltar Rd
Flat Rock, MI 48134
FLATROCK RETAIL CENTER · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
36,820 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
4.91 AC
Zoning
C1 - C1; Neighborhood Shopping
Parking
85 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
508’ on Gibraltar Rd

ABOUT 24065 GIBRALTAR RD , FLAT ROCK, MI 48134

This is a 36,000 sq ft retail center that has been family owned for years. Owners are looking to cash out completely. No land contract terms. Great upside potential with this property as there is vacancies to be filled as well as rents are suppressed according to market rents. HUGE VALUE ADD OPPORTUNITY / UPSIDE as rents need to rise, vacancies filled, and adjacent property (as package deal only) can be added to this package to cash out completely here. Tired sellers want this gone but do have debt on the property and aren't interested in low ball offerings. Call me to discuss details. this one is a diamond that needs to be polished.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58-134-99-0013-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$462,000
  • Listing ID: 17291024

  • Date on Market: 9/25/2019

  • Last Updated:

  • Address: 24065 Gibraltar Rd, Flat Rock, MI 48134

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