51305 7 MILE Road, Northville Twp MI 48167 Photo 1 51305 7 MILE Road, Northville Twp MI 48167 Photo 2 51305 7 MILE Road, Northville Twp MI 48167 Photo 3 51305 7 MILE Road, Northville Twp MI 48167 Photo 4 51305 7 MILE Road, Northville Twp MI 48167 Photo 5 51305 7 MILE Road, Northville Twp MI 48167 Photo 6 51305 7 MILE Road, Northville Twp MI 48167 Photo 7 51305 7 MILE Road, Northville Twp MI 48167 Photo 8 51305 7 MILE Road, Northville Twp MI 48167 Photo 9 51305 7 MILE Road, Northville Twp MI 48167 Photo 10 51305 7 MILE Road, Northville Twp MI 48167 Photo 11 51305 7 MILE Road, Northville Twp MI 48167 Photo 12 51305 7 MILE Road, Northville Twp MI 48167 Photo 13 51305 7 MILE Road, Northville Twp MI 48167 Photo 14 51305 7 MILE Road, Northville Twp MI 48167 Photo 15 51305 7 MILE Road, Northville Twp MI 48167 Photo 16 51305 7 MILE Road, Northville Twp MI 48167 Photo 17 51305 7 MILE Road, Northville Twp MI 48167 Photo 18 51305 7 MILE Road, Northville Twp MI 48167 Photo 19 51305 7 MILE Road, Northville Twp MI 48167 Photo 20 51305 7 MILE Road, Northville Twp MI 48167 Photo 21 51305 7 MILE Road, Northville Twp MI 48167 Photo 22 51305 7 MILE Road, Northville Twp MI 48167 Photo 23
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Remerica Integrity Ii and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders

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51305 7 MILE Road - Brand New Strip Mall-"Northville Gateway"- This Is a great opportunity to own a very aesthetically appealing Strip Center I highly desirable Northville. The only business district site within 2 miles of large residential developments. This area of Northville ( already high and demand due to schools and community) That will see the most residential develop over the next 5 years. In addition, nearby Salem Township has very limited business zoning. This Strip mall is the gateway to Northville. Many units have been built-out and are ready to lease. Cap rate represents potential rate at 100% leased with greatly discounted rates. The potential to achieve greater than 10% cape rate is huge. This NEW strip center has the C of O and also comes with SDM & SDD liquor licenses. Newly Coated and striped parking lot, Brand New HVAC units, NEW landscaping, NEW Lighting... This is a real estate investors dream. Virtual Tour

Listing information

  • MLS® ID: 215095083
  • Status: Active
  • Foreclosure: No
  • Lot Size: 250x330x250x330
  • Style: Commercial
  • Stories: 0
  • Total Square Footage: 15,000 ($119.33 per sq. foot)
  • County: Wayne
  • Year Built: 2006
  • New Construction: No
  • Lot Area: 1.80
  • School District: Northville

Features

Architecture Level 1 Story
Business Type Medical, Office, Retail, Service
Commercial Exterior Features Disabled Access, Doors Under 10 ft, Outside Lighting
Commercial Type Real Estate Only
Commercial Utilities Cable TV, Handicap Access
Construction Materials Brick, Steel/Metal, Stone
Foundation Details Slab
Foundation Materials Poured
Heating Forced Air, Other, Zoned
Heating Fuel Gas
Office Heating Central Air, Exhaust Fan, Forced Air, Zoned
Other Assessment - 0, Current Use - Northville Gatway Strip Center, Inventory Included YN - 1, Inventory List YN - 0, Legal Rental Certified YN - 1, Operating Expense - 25000.00, Restrictions YN - 1, Sqft Office - 1100, Tax Amount Summer - 9212.0000, Tax Amount Winter - 7820.0000, Year Remodeled - 2015
Ownership Status Private Owned, Short Sale - No
Plant Heating Other
Road Frontage Type Paved, Pub. Sidewalk
Roof Material Other, Rubber
Sewer Sewer-Sanitary
Water Heater Fuel Gas
Water Source Municipal Water
Zoning COMMERCIAL
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Remerica Integrity Ii and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders