Description
We are pleased to offer a two-building investment opportunity at 728 and 740 West 11 Mile Road in Madison Heights, Michigan 48071, for sale at $549,000. The property includes 4,539 SF across two buildings on a 0.184-acre lot.
728 West 11 Mile Road is a 1,199 SF single-story retail/office building that is fully occupied. 740 West 11 Mile Road is a 3,340 SF two-story mixed-use building with 940 SF of ground-floor retail/office space available for lease and a second-floor apartment that is fully occupied.
The property is just three blocks east of I-75, providing easy highway access from Detroit and its suburbs. The mix of occupied retail, office and residential income, plus a vacant ground-floor unit to lease up or occupy, makes this a flexible opportunity for an investor or an owner-user.
Michael Murphy and Owen Kelly of Gerdom Realty & Investment represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour. We can also provide area demographics, aerials and additional property details to help you evaluate the opportunity. Interested parties are encouraged to reach out early, as well-located properties in metro Detroit attract strong interest. Our team is available to answer questions about the property, the surrounding trade area and the next steps. We can walk you through the property's layout, access, signage and neighboring uses.
Offering Summary
- Asking Price$549,000
- Property TypeRetail
- Size4,539 SF
- Built1921
- Total Acres~0.18 ac
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
4,539 SF - Year Built
1921 - Acres
0.18
Deal Team

Michael Murphy



