29229 NORTHWESTERN Highway $999,999

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    29229 NORTHWESTERN Highway Southfield, MI 48034

    • 7,632 sq. ft.
    • 1.01 Acres
    • Commercial
    • MLS# 60320378
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    Views: 29 Days On Site: 155

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    Property Details

    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 cityâ‚„¢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.

    • General Features
      • Acreage 1.01
      • Area Municipality Southfield (63244)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision SUPRVR'S PLAT NO 2 - SOUTHFIELD
      • Total SqFt Finished 7632
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Block, Brick, Log, Other, Wood
      • Foundation Type Basement
      • Heating System Forced Air
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Lot Size 101 x 107 x 415 x 450
      • Roads Class A
      • Sewer Septic Public Sanitary

    Neighborhood

    48034 (Southfield) Demographics

    41 Median Age
    3,297 Population Density (per sq. mile)
    52% College Educated
    $50,672 Estimated Median Income
    1,303 Estimated Total Home Owners
    5,965 Estimated Total Renters
    18% / 82% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,213 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $158,000 Median Sales Price
    4 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $999,999
        7/2/2024 4:23:00 PM New in Database Source: Multiple Listing Service New Value: $999,999

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.