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Investment Highlights
- Well Established Revenue and Customer Base
- Available for sale or lease
- High Visibility on Cooley Lake Rd.
Executive Summary
Prime business and real estate opportunity in the heart of West Bloomfield! Located on high-traffic Cooley Lake Road, this standalone barber shop building offers strong income potential with an established customer base and strong revenue The building features a welcoming front entrance with handicap-accessible ramp, multiple cutting stations, a restroom, and ample parking in both the front and rear. The building is well-maintained with updated flooring, new windows and mechnaicals, bright lighting, and excellent visibility. Surrounded by retail, restaurants, and residential neighborhoods, the location is ideal for continued use as a barber shop, salon, or other small service business. This property offers a rare value in a high-demand corridor. Business also available for lease $3,000 a/month NNN.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,120 SF
Building Class
C
Year Built
1944
Price
$350,000
Price Per SF
$312.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.14 AC
Zoning
BI
Parking
15 Spaces (13.39 Spaces per 1,000 SF Leased)
Frontage
58’ on Cooley Lake Rd
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-06-229-016 | Improvements Assessment | $43,800 |
| Land Assessment | $23,140 | Total Assessment | $66,940 |
Property Taxes
Parcel Number
18-06-229-016
Land Assessment
$23,140
Improvements Assessment
$43,800
Total Assessment
$66,940
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7045 Cooley Lake Rd
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