Southfield DDA Development Site Office FOR SALE


Southfield, MI - Southfield Downtown
$7,000,000 USD
248-281-9907
, Southfield, MI for Sale
$7,000,000 USD
Office - FOR SALE
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Southfield DDA Development Site
Southfield, MI
Southfield Downtown


HIGHLIGHTS

  • Located in Southfield DDA District
  • Two buildings totaling 151,563 SF on a 5.8-acre site
  • Opportunity to redevelop into medical, multi-family, mixed-use, etc
  • Across from Henry Ford Providence Southfield Hospital
  • Close to Oakland Community College Southfield Campus
  • Near 100-acre, $285M Northland Cty Center Mixed-use Development.

OVERVIEW

This is an excellent investment opportunity with significant financial upside potential through redevelopment. Current B-3 zoning and potential use flexibility from the City of Southfield should allow for various uses that will maximize the physical and financial potential of the property - including a medical facility, multi-family development, hotel, mixed-use development, etc. Surrounding this property, several new apartment buildings are up and pre-leased which will be the initial anchor for more new mixed-use products to come. The State of Michigan (through the Michigan Economic Development Corporation) has several tax incentive programs that will provide a developer financial assistance for a re-development.

ASK ABOUT THIS PROPERTY

Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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