3490 12 Mile Road Berkley, MI $ 5,900,000
3490 12 Mile Road
$ 5,900,000
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3490 12 Mile Road

Berkley, MI, 48072
$ 5,900,000
Baths0.0 Sq 69,878

Monthly Estimate*

$ 41,213

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Studio

Commercial Property for sale in Berkley, MI

for $5,900,000. This 69,878 square foot building was built in 1965 on a lot size of 2.6.

This is a once in a lifetime business opportunity. Location – Downtown Berkley. Once in a lifetime opportunity to own over two and a half acres. The largest available space in Berkley. Visibility – You can not miss this place it is highly visible and has multiple parking lot entrances. Convenience – Easy to access. Great location. Walking distance to Royal Oak Beaumont. Just seconds from Woodward Ave. Population – Berkley is a vibrant and active community with 15,366 residents and thousands more visiting everyday. Versatility – is it an easy conversion to suit a variety of tenants? Accessibility –The property is easily accessible to receive deliveries. This property uniquely features a parking garage. Zoning – The city plan proposal is for this space is for it to be developed at a Luxury High-rise Condominiums with shops and dining at street level. The possibilities for this space are endless.

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Commercial Active

Price

$ 5,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 928

Style

Bowling Center

Lot Size

2.6

Year Built

1965

Town/City

Berkley

County/Region

Oakland

MLS | Web ID

20230056761

Features
Interior
Heating Fuel Electric Natural Gas
Street Suffix Road
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Negotiable
current use Bowling Center
Zoning Commercial
Year Built 1965
Property Type Commercial
Subdivision Name COTTAGE HOMES SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 277
MLS Area Berkley
Directions Woodward to 12 Mile.
City Berkley
Terms Offered Cash Conventional
School District Berkley
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 12 MILE
Assessment 0.00
Total Sq Ft 69878
DOM 277
Taxes 928.0000
Legal Description T1N R11E SEC 7 COTTAGE HOMES SUB LOTS 279 TO 281 INCL
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Exterior
Waterfront 0
Lot Size Area 2.60
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 100.00 x 160.00
Architecture Level Multi/Split (Multi-Level)
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Jesica Spencer

Listing Agent

Spencer Real Estate, Llc

Broker

(833) 765-3773

Phone

Affordability Calculator

$41,291
Per Month
100%
0%
0%
Monthly Principal & Interest
$41,213
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
847991 Elementary School
848929 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2023$5,900,000 Listed Price

Map


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3490 12 Mile Road, Berkley, MI, 48072 is a Commercial Property for sale at $5,900,000 with 69,878 sqft and a lot size of 2.6. 3490 12 Mile Road is a studio with 0.0 baths and was built in 1965. The property's zip code is 48072 which is in Berkley, MI