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29877 Telegraph Rd - Farmbrook Medical Bldg II 4,500 SF Medical Condo Unit Offered at $450,000 in Southfield, MI 48034
Investment Highlights
- Located within the prestigious Farmbrook Medical Complex within close proximity to Providence and Beaumont hospitals.
- Great potential to occupy all or part with ability to lease the balance for additional revenue stream.
- Excellent owner/user opportunity.
Executive Summary
29877 Telegraph Road Unit L-2 in Southfield, MI is Located within the prestigious Farmbrook Medical Complex within close proximity to Providence and Beaumont hospitals. Excellent owner/user opportunity. Great potential to occupy all or part with ability to lease the balance for additional revenue stream. Farmbrook has an on-site pharmacy, gift store and MRI. Strong and diverse population with excellent access to major freeways, shopping and restaurants.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
Excellent owner/user opportunity. Great potential to occupy all or part with ability to lease the balance for additional revenue stream. 2,300-4,500 SF Max contiguous can be divided.
Sale Notes
Seller financing available! Great potential to occupy all or part with ability to lease the balance for additional revenue stream. 2,300-4,500 SF Max contiguous can be divided.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 4,500 SF | Medical | $450,000 ($100.00/SF) | - |
Unit 2
| Unit Size |
| 4,500 SF |
| Condo Use |
| Medical |
| Price |
| $450,000 ($100.00/SF) |
| NOI |
| - |
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Unit 2
| Unit Size | 4,500 SF |
| Condo Use | Medical |
| Price | $450,000 ($100.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Excellent owner/user opportunity. Great potential to occupy all or part with ability to lease the balance for additional revenue stream. 2,300-4,500 SF Max contiguous can be divided.</li></ul> | |
| Sale Notes | |
| Seller financing available! Great potential to occupy all or part with ability to lease the balance for additional revenue stream. 2,300-4,500 SF Max contiguous can be divided.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 64,000 SF | Typical Floor Size | 12,800 SF |
| Property Type | Office (Condo) | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 4.11 AC |
| Building Class | B | Parking Ratio | 4/1,000 SF |
| Floors | 4 | Opportunity Zone |
Yes
|
| Zoning | B3, Southfield - Office Medical - General Business | ||
| Total Building Size | 64,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 12,800 SF |
| Year Built | 1986 |
| Lot Size | 4.11 AC |
| Parking Ratio | 4/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B3, Southfield - Office Medical - General Business |
Amenities
- Atrium
- Day Care
- Food Service
- Signage
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Photos
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Street
Map
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29877 Telegraph Rd - Farmbrook Medical Bldg II
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