3055-3063 Twelve Mile Road

Retail-Commercial for Sale
Catylist Listing ID: 30804578
Building Size (RSF): 3,596 SF
Gross Building Area: See Agent
Gross Land Area: 0.92 Acres
Sale Price: $650,000
Unit Price: $180.76 PSF
Ceiling: 15 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,596 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/10/2022

Overview / Comments

Prime opportunity in the heart of downtown Berkley. Building in very good shape with new roof in 2011. HVAC units replaced in 2008 and 2020. Large free city parking lot directly behind building. High ceilings.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $5,465 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 25-18-204-004
Zoning: DOWNTOWN DISTRICT
Property Located Between: W. of Coolidge Highway
Traffic/Vehicle Count: 15,559
Year Built: 1951
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Brick
Parking Description: Free City Lot
Sprinklers: None
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 40
Lot Depth: 100

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,060 157,189 373,507
Median Age: 38.65 40.08 40.07
Households: 9,283 70,242 161,269
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