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26200 W 12 Mile Rd 4,224 SF Retail Building Southfield, MI 48034 $1,199,000 ($283.85/SF)

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INVESTMENT HIGHLIGHTS

  • Restaurant property located in prime location on 12 Mile Rd.
  • Strong location
  • Contact Broker for financials
  • Brand new roof in Fall 2024
  • New five (5) year lease extension
  • 0.95 acre site

EXECUTIVE SUMMARY

Restaurant building for sale. New roof installed in Fall 2024 and large parking field.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,224 SF
Building Class
C
Year Built
1976
Price
$1,199,000
Price Per SF
$283.85
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
82 Spaces (19.41 Spaces per 1,000 SF Leased)
Frontage
158’ on 12 Mile Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

PNC Bank
Chase Bank
Starbucks
Chicken Shack
Tim Hortons
Bank of America
Huntington National Bank
Citizens Bank
Comerica
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-07-476-058
Land Assessment
$134,490
Improvements Assessment
$185,320
Total Assessment
$319,810
  • Listing ID: 34047233

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 26200 W 12 Mile Rd, Southfield, MI 48034

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