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Jared Jewelers 451 W 14 Mile Rd 5,852 SF Retail Building Madison Heights, MI 48071 $2,350,000 ($401.57/SF)

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EXECUTIVE SUMMARY

Discover a prime commercial opportunity at 451 14 Mile in Madison Heights! This 5,852 square foot vacant space offers exceptional visibility in one of Metro Detroit's busiest corridors, with traffic counts of 151,126 AADT on I-75 and 34,322 AADT on 14 Mile. Located directly across the street from Oakland Mall, this property offers unmatched exposure and convenience. The large parking lot provides ample space for customers, clients, and employees, making it ideal for retail, office, medical, or service-based businesses. The interior is ready to be built out to meet your specific needs offering a blank canvas for your vision. With immediate freeway access, this location is perfect for launching or expanding your business in a high-traffic, high-demand area. Don't miss your chance to establish your presence in this thriving commercial hub! BTVAI

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,852 SF
Building Class
B
Year Built
2003
Price
$2,350,000
Price Per SF
$401.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.28 AC
Opportunity Zone
Yes
Zoning
B-3 - Commercial Zoned District
Parking
49 Spaces (8.37 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Monument Signage

NEARBY MAJOR RETAILERS

Starbucks
Chili's Grill & Bar
Tim Hortons
Citizens Bank
Bank of America
Chase Bank
Bob Evans Restaurants
Twin Peaks
Planet Fitness
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-02-226-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$631,750
  • Listing ID: 35635473

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 451 W 14 Mile Rd, Madison Heights, MI 48071

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