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33030 Northwestern Hwy
West Bloomfield, MI 48322

Retail Property For Sale

Investment Highlights

  • 3,500 +/- SF FREESTANDING RETAIL BUILDING | CURRENT TENANT PAYING $48,000 ANNUAL RENT
  • HISTORIC BUILDING BUILT IN 1882 | RECENT RENOVATIONS | HIGH VISIBILITY & FRONTAGE ON NORTHWESTERN HWY (M-10)
  • (1) 5-YEAR OPTION | RENT INCREASES TO $13.50 PSF | FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
  • TENANT PAYING WELL BELOW MARKET RENT AT $12 PSF | MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK
  • BUSY NORTHWESTERN HWY | FEATURES 47,000+ VPD | NORTHWESTERN HWY TURNS INTO JOHN C LODGE FREEWAY
  • PROPERTY FEATURES LARGE EXTERIOR SIGNAGE | SUPERB AND GROWING DEMOS | 297k PEOPLE IN 5 MILES

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1882/2012
Price
$1,635,449 CAD
Price Per SF
$467 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.26 AC
Zoning
B-3
Parking
12 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
42 ft on Northwestern Hwy

Amenities

  • Bus Line
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-35-301-034
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$367,127 CAD
  • Listing ID: 26214785

  • Date on Market: 2022-07-20

  • Last Updated:

  • Address: 33030 Northwestern Hwy, West Bloomfield, MI 48322

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