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3142 Coolidge Hwy 5,408 SF Retail Building Berkley, MI 48072 $725,000 ($134.06/SF)
Executive Summary
Freestanding building on Coolidge Highway in downtown Berkley, across the street from Berkley Public Library and a block away from Vibe Credit Union and The Beverly. The property is also a mile south of Corewell Health William Beaumont University Hospital (1,101 beds). The property offers 8 dedicated parking spaces and free municipal street parking. Zoned for Downtown, this district is intended to create a vibrant center with offices, entertainment, retail, businesses, and restaurants serving Berkley residents, daytime businesses, and nighttime entertainment populations. Underground plumbing infrastructure has already been installed to accommodate a potential future restaurant use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,408 SF
Building Class
C
Year Built
1949
Price
$725,000
Price Per SF
$134.06
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.52 AC
Zoning
BI
Parking
18 Spaces (2.69 Spaces per 1,000 SF Leased)
Frontage
70’ on Coolidge Hwy
Amenities
- Signage
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-17-105-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $163,660 |
Property Taxes
Parcel Number
25-17-105-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,660
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3142 Coolidge Hwy
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