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3490 12 Mile Rd

53,306 SF Retail Building Berkley, MI 48072 $8,297,760 CAD ($156 CAD/SF)

Investment Highlights

  • Huge Parking Lot
  • Multiple Bars
  • 3 Bowling Alleys

Executive Summary

This is a once in a lifetime business opportunity. Location – Downtown Berkley. Once in a lifetime opportunity to own over two and a half acres. The largest available space in Berkley. Visibility – You can not miss this place it is highly visible and has multiple parking lot entrances. Convenience – Easy to access. Great location. Walking distance to Royal Oak Beaumont. Just seconds from Woodward Ave. Population – Berkley is a vibrant and active community with 15,366 residents and thousands more visiting everyday. Versatility – is it an easy conversion to suit a variety of tenants? Accessibility –The property is easily accessible to receive deliveries. This property uniquely features a parking garage. Zoning – The city plan proposal is for this space is for it to be developed at a Luxury High-rise Condominiums with shops and dining at street level. The possibilities for this space are endless.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
53,306 SF
Building Class
C
Year Built
1960
Price
$8,297,760 CAD
Price Per SF
$156 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.43
Land Acres
2.82 AC
Zoning
Commercial - The city plan proposal for this space is for it to be developed as Luxury High-rise Condominiums with shops and dining at street level.
Parking
287 Spaces (5.38 Spaces per 1,000 SF Leased)
Frontage
977 ft on 12 Mile Rd
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Anytime Fitness
Biggby Coffee
PNC Bank
Bagger Dave's
Tim Hortons
Bank of America
Fit Body Boot Camp
Aqua-Tots Swim Schools
First Watch
F45 Training, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-07-384-041
  • 25-07-385-042
  • 25-07-385-043
  • 25-07-384-040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,992,948 CAD
  • Listing ID: 30359217

  • Date on Market: 2023-12-13

  • Last Updated:

  • Address: 3490 12 Mile Rd, Berkley, MI 48072

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