23100 Providence Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
23100 Providence Dr
89,748 SF 100% Leased Office Building Southfield, MI 48075 $2,748,350 CAD ($31 CAD/SF)
INVESTMENT HIGHLIGHTS
- Located in Southfield DDA District.
- reat opportunity to redevelop into medical, multifamily, mixed-use, etc.
- Close to Oakland Community College Southfield Campus.
- 89,748 SF office building on a 3.69-acre site.
- Across from Henry Ford Providence Southfield Hospital.
- Near 100-acre, $285M Northland Cty Center Mixed-use Development.
EXECUTIVE SUMMARY
This is an excellent investment opportunity with significant financial upside potential through redevelopment. Current B-3 zoning and potential use flexibility from the City of Southfield should allow for various uses that will maximize the physical and financial potential of the property - including a medical facility, multi-family development, hotel, mixed-use development, etc. Surrounding this property, several new apartment buildings are up and pre-leased which will be the initial anchor for more new mixed-use products to come. The State of Michigan (through the Michigan Economic Development Corporation) has several tax incentive programs that will provide a developer financial assistance
for a re-development.
for a re-development.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
89,748 SF
Building Class
C
Year Built/Renovated
1969/2000
Price
$2,748,350 CAD
Price Per SF
$31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
22,437 SF
Slab To Slab
10’
Building FAR
0.52
Lot Size
3.93 AC
Zoning
OS
Parking
644 Spaces (7.18 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
| Parcel Number | 24-25-476-085 | Improvements Assessment | $565,547 CAD |
| Land Assessment | $331,816 CAD | Total Assessment | $897,364 CAD |
PROPERTY TAXES
Parcel Number
24-25-476-085
Land Assessment
$331,816 CAD
Improvements Assessment
$565,547 CAD
Total Assessment
$897,364 CAD
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
23100 Providence Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.