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Real Estate Only - Oakland, MI
Looking for a high-visibility commercial space in Lathrup Village with stable rental income and prime road exposure? This standalone mixed-use property on W 11 Mile offers excellent investment potential just minutes from major freeways. This 4,648 square foot building is currently configured as a salon and office space. The front salon unit is leased at $4,000/month to long-term tenants who wish to remain, offering immediate cash flow. The layout supports flexible use, ideal for owner-occupants, investors, or professionals seeking high-traffic frontage in a well-connected corridor. Recent improvements include a newer roof and gutters, reducing near-term capital expenses. The building is zoned for commercial use and located within the Southfield Public School District, offering potential value-add for future redevelopment or expanded services. With easy access to Southfield Rd, I-696, and...
Looking for a high-visibility commercial space in Lathrup Village with stable rental income and prime road exposure? This standalone mixed-use property on W 11 Mile offers excellent investment potential just minutes from major freeways. This 4,648 square foot building is currently configured as a salon and office space. The front salon unit is leased at $4,000/month to long-term tenants who wish to remain, offering immediate cash flow. The layout supports flexible use, ideal for owner-occupants, investors, or professionals seeking high-traffic frontage in a well-connected corridor. Recent improvements include a newer roof and gutters, reducing near-term capital expenses. The building is zoned for commercial use and located within the Southfield Public School District, offering potential value-add for future redevelopment or expanded services. With easy access to Southfield Rd, I-696, and nearby city amenities, this site benefits from consistent vehicle and foot traffic. Ample visibility and convenient access make it a standout choice for businesses that rely on exposure.
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