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

September 17, 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

 

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Originating MLS:
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Data last updated 1:26 AM UTC, 9/17/2024

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