Berkley, MI 48072 3048,2200 11 Mile Road
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$ 2,950,000
Est. payment | /mo

3,780 SqFt


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$ 2,950,000
Est. payment | /mo
Save

3,780 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $780

Subdivision Mi

MLS Listing ID 60931649

Annual Tax Amount $10,283

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions irregular

Property Sub-Type Commercial/Industrial

Property Description

Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs – includes both the real estate and business/license. Freestanding building built in 2023 with 38 parking spaces, with the potential to add up to an additional 20 spaces with an adjacent neighbor. The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway. Surrounded by a high-income residential population and a strong mix of national and regional tenants - providing additional exposure and traffic. Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash ?ow and increase sales under amplified day-to-day management and existing employee retention. All that is missing is new branding and inventory. Included in the sale price is the neighboring industrial building, currently leased to a storage tenant at $3,938.00 per month Gross and the lease expires in the middle of 2027, offering great upside as an investment. It can be excluded from the sale and sold separately, subject to an agreed-upon deal for the PC.

Location

State MI

County Oakland

Area Berkley (63253)

Zoning Commercial

Interior

Heating Forced Air

Building

Water Other-See Remarks

Structure Type Brick

Others

Ownership Bank Owned

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by C3 CRE, LLC
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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2200 11 Mile Road