3369-3379 Orchard Lake Rd - Storefront FOR SALE


Keego Harbor, MI 48320
$1,250,000 USD
248-702-0288
3369-3379 Orchard Lake Rd, Keego Harbor, MI for Sale
$1,250,000 USD
Storefront - FOR SALE
1/3
null | 5.34% Cap Rate

3369-3379 Orchard Lake Rd
Keego Harbor, MI 48320


HIGHLIGHTS

  • The Keego Harbor Strip Center is a six-unit retail destination home to local internet-resistant tenants.
  • Ideally located in a high-demand retail trade area with frontage along Orchard Lake Rd, seeing more than 19,600 VPD.
  • 100% occupied for an income-generating and stabilized investment opportunity.
  • Turnkey investment opportunity, ready to generate returns with minimal management required.

OVERVIEW

Encore Real Estate Investment Services is pleased to present the 9,938-square-foot retail building providing ample space for diverse retail operations or service-based businesses. There are six fully occupied units, offering a stable income stream and proven tenant demand. The Keego Harbor Strip Center is in a high-demand retail area, ensuring long-term value and growth potential. The center maintained a 100% occupancy rate, showcasing the property’s appeal and high demand in the area. Don't miss out on this turnkey investment opportunity, ready to generate returns with minimal management required.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Keego Harbor Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

18-11-229-005

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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