728 West 11 Mile Road Retail
  • Asking Price
    $549KAsking Price
  • Gross Leasable Area
    4,539 SFGross Leasable Area
  • Built
    1921Built
  • Acres
    ~0.18 acAcres

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 Type
    Retail
  • Size
    4,539 SF
  • Built
    1921
  • Total Acres
    ~0.18 ac

Documents

Property Address

728 West 11 Mile Road
Madison Heights, MI 48071

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    4,539 SF
  • Year Built
    1921
  • Acres
    0.18

Deal Team

Michael Murphy profile image

Michael Murphy

Vice President
Gerdom Realty & Investment
MI RE Lic. 6501389134
Owen Kelly profile image

Owen Kelly

Associate
Gerdom Realty