13727-13739 S Huron River Dr - Storefront Retail/Office FOR SALE


Romulus, MI 48174
$475,000 USD
248-703-5659
13727-13739 S Huron River Dr, Romulus, MI for Sale
$475,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | Request Cap Rate

13727-13739 S Huron River Dr
Romulus, MI 48174


HIGHLIGHTS

  • Frontage on highly trafficked Huron River Drive.
  • Site on a 5.2 acres lot.
  • 1 mile from CBD Downtown Romulus.

OVERVIEW

This 3,536 square foot property boasts ample parking, and excellent road visibility, and is conveniently situated within 2 miles of downtown Romulus. The current tenant is a longstanding dental occupant, currently under a below-market-value rent arrangement, thus offering substantial upside potential. Also a new lease was executed to occupy the vacant portion of the property. This is a great investment opportunity with the building being 100% leased now. Noteworthy is the expansive 5.13-acre land parcel associated with the property, opening significant avenues for expansion and development. Its strategic location in the heart of Romulus, coupled with its proximity, just three miles from the airport, enhances its appeal, providing both stability and promising prospects for further growth. Opportunity for office, medical, or retail shopping center.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,463 SF

ZONING

COMMERCIAL

APN/PARCEL ID

80-114-99-0022-000

ASK ABOUT THIS PROPERTY

John IbrahimThe Nickola Real Estate Group LlcMore Info
248-703-5659

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John IbrahimThe Nickola Real Estate Group LlcMore Info
248-703-5659

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.