47
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$899,900
Est. payment /mo
7,000 SqFt
Price Dropped by $100K
28475 Greenfield Road Southfield, MI 48076
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $128
Subdivision Mi
MLS Listing ID 50207474
Year Built 1968
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions 34848
Property Sub-Type Commercial/Industrial
Property Description
Calling all investors! Great opportunity to own a 32-suite office building in the highly desirable city of Southfield. Currently 30 of 32 suites are occupied, offering strong and stable cash flow with long-term tenants already in place. This well-maintained property features beautiful hardwood finishes throughout, with the roof and windows in excellent condition. Newer AC unit. Two vacant suites provide additional upside potential for increased income. Generating an impressive 9% cap rate, this is a turnkey investment opportunity you won't want to miss.
Location
State MI
County Oakland
Area Southfield (63244)
Building
Water Public Water
Others
Ownership Private
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Paint Creek
NEARBY SCHOOL & BUSINESS
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