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3961-3995 12 Mile Rd 7,365 SF Retail Building Berkley, MI 48072 $800,000 ($108.62/SF)
Investment Highlights
- Located on Berkley’s active Twelve Mile Road retail corridor with high visibility.
- Close to Greenfield Road and I-696, ensuring strong regional accessibility.
- Surrounded by well-known retailers and dense residential neighborhoods.
Executive Summary
Former gaming HQ with bar. Large-sized building for Berkley’s 12 Mile Road corridor. Good demographic area with strong curb appeal and visibility. Ample on-site parking. Liquor license included with the property. Additional 5,300 sq. ft. upstairs for storage.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,365 SF
Building Class
C
Year Built/Renovated
1946/1978
Price
$800,000
Price Per SF
$108.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.35 AC
Zoning
BI - Business Commercial
Parking
9 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
53’ on 12 Mile Rd
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $434,360 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$434,360
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