Active
29229 NORTHWESTERN Highway
Southfield MI, 48034
$999,999
$131.03 per sqft
Active
7,632 sqft
Commercial
Built in 1962
The city of Southfield is the premier business location in Michigan, presenting an incredible investment opportunity in an affluent and heavily populated area of Oakland County, just 30 minutes north of Detroit. Home to over 10,000 businesses, including more than 100 Fortune 500 companies, Southfield is a vibrant commercial hub. This site is classified as B-3 commercial zoning and is located near 12 Mile Road and Northwestern Highway. The property spans one acre and includes three outbuildings with a total of 10,400 square feet of commercial space, offering ample parking for consumers. One building is currently leased, generating a monthly income of $2,700. The B-3 zoning is classified as a General Business District, permitting uses such as retail, medical offices, banks, hotels, restaurants, and even a medical marijuana provision center (subject to special approval). Building A: The front building is two stories with three entrances, a rooftop, and a basement. The first floor features a reception area, administration area, and five offices. The second floor has a conference room and storage. The finished basement includes storage, four offices, and a cubicle area. Building B: The middle building is two stories with five offices, a first-floor reception area, and second-floor storage. Building C: The back building is one story and currently occupied by a dog grooming and boarding tenant. Southfield is continuously expanding, fostering business growth due to its central location. The city's services make residents and business owners feel welcome while offering new business opportunities. Southfield is home to many corporate headquarters, well-known restaurants, local boutiques, and numerous profitable businesses. Whether you want to invest in the current buildings or start fresh, this city provides an excellent platform. The location also offers easy access and excellent visibility off Northwestern Highway. Invest in Southfield, where business opportunities thrive, and the community supports growth & innovation.
20240047176
MLSⓇ ID
July 2, 2024
Listed
November 22, 2024
Updated
Map
29229 NORTHWESTERN Highway
Southfield MI, 48034
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.01 Acres
School Information
School District
Southfield Public Schools
Other Property Details
Area Name
Southfield
Taxes
$24,308
Tax Frequency
Annually
Days on Market
17
Garage
No
View
No
County
Oakland
Pool
No
Zoning
Commercial
Courtesy of Select Realty Advantage
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Data last updated 5:22 AM UTC, 11/22/2024