30547 Dequindre Road, Madison Heights City, MI 48071
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
16
$3,450,000
Home Details for 30547 Dequindre Road
Price
$3,450,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1985
Lot size acres
2.46
County
Oakland
Garage
Days on site
60
MLS Listing#
58050191197
Property Description
High-Performing Investment Plaza "“ Madison Heights! Rare opportunity to own a profitable retail plaza in one of Madison Heights' busiest corridors! Featuring 17 units / 27,700 sq. ft. on 2.46 acres, this property is 100% occupied with established, long-term tenants and a 8.51% cap rate. Strong cash flow with $375,600 annual income and $293,476 NOI. Two well-kept buildings (built 1974 & 1985) with 173 parking spaces and a prime Dequindre Rd. location boasting 34,800 VPD. Same ownership for 29 years - a proven performer offering stability, visibility, and solid returns. New Rubber Roof Installed in 2024.
Property Features
Parking
Parking Lot
On Site
Other
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Water Features
Public
Utilities
Natural Gas Connected
Listing Courtesy: Century 21 Professionals Sterling Heights - 586-274-1111