235 Burke St - Office FOR SALE


River Rouge, MI 48218
$525,000 USD
248-752-1276
235 Burke St, River Rouge, MI for Sale
$525,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

235 Burke St
River Rouge, MI 48218


HIGHLIGHTS

  • Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traffic count of 4,562+ vehicles per day
  • Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the a
  • Strong synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.
  • Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, office, and multi-family.
  • Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/office users, and multi-family developers.

OVERVIEW

Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traf?c count of 4,562+ vehicles per day. Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the adjacent land for additional parking if desired by a high parking-intensive user. Strong synergy in the immediate marketplace, surrounded by a dense residential population and several national tenants. Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, of?ce, and multi-family. Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/of?ce users, and multi-family developers

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

GREEN ZONE to GROW

PROPERTY TYPE

Office

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

green zone

APN/PARCEL ID

50-005-02-0128-000

ASK ABOUT THIS PROPERTY

Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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