Madison Heights, MI 48071,30547 Dequindre Road
Madison Heights, MI 48071,30547 Dequindre Road
Madison Heights, MI 48071,30547 Dequindre Road
Madison Heights, MI 48071,30547 Dequindre Road
Madison Heights, MI 48071,30547 Dequindre Road
Madison Heights, MI 48071,30547 Dequindre Road
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$ 3,450,000
Est. payment | /mo

17,700 SqFt


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$ 3,450,000
Est. payment | /mo
Save

17,700 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 17,700 sqft

Price per Sqft $194

Subdivision Mi

MLS Listing ID 50191197

Year Built 1985

Annual Tax Amount $56,423

Tax Year 2025

Lot Size 2.460 Acres

Acres 2.46

Lot Dimensions 385x279

Property Sub-Type Commercial/Industrial

Property Description

High-Performing Investment Plaza – Madison Heights! Rare opportunity to own a profitable retail plaza in one of Madison Heights' busiest corridors! Featuring 17 units / 27,700 sq. ft. on 2.46 acres, this property is 100% occupied with established, long-term tenants and a 8.51% cap rate. Strong cash flow with $375,600 annual income and $293,476 NOI. Two well-kept buildings (built 1974 & 1985) with 173 parking spaces and a prime Dequindre Rd. location boasting 34,800 VPD. Same ownership for 29 years — a proven performer offering stability, visibility, and solid returns. New Rubber Roof Installed in 2024.

Location

State MI

County Oakland

Area Madison Heights (63252)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features 100+ Spaces, On Site, Parking Lot

Roof Type Rubber

Building

Foundation Slab

Water Public Water

Structure Type Brick

Others

Ownership Private

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Century 21 Professionals Sterling Heights
David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

Learn More About LPT Realty

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30547 Dequindre Road