MI
Oakland
Madison Heights City
48071
30547 Dequindre Road
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
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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