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31519 W 12 MILE Road Farmington Hills, MI $ 3,500,000
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$ 3,500,000 Get more info
31519 W 12 MILE Road
$ 3,500,000
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31519 W 12 MILE Road

Farmington Hills, MI, 48334
$ 3,500,000
Bedrooms-- Baths-- Sq 8,108

Monthly Estimate*

$ 21,835

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View a Virtual Tour

Commercial Property for sale in Farmington Hills, MI

for $3,500,000. This 8,108 square foot building was built on a lot size of 0.57.

Building for sale: a beautifully renovated freestanding building hosting one of Michigan's finest Chinese restaurants as a tenant. Wonderful investment opportunity with a fabulous building and a 1st class tenant. This upscale establishment spans two levels of dining, includes an outdoor patio, and is equipped with an elevator. The property features prominent monument signage along bustling 12 Mile Road, strategically positioned just west of Orchard Lake Road and across from Starbucks. Situated in an area featuring restaurants, banks, and various amenities, this site was also formerly known as Tribute Restaurant and has been meticulously transformed to meet the highest standards of quality. Excellent freeway access and location. Building is fantastic condition as it was completely renovated in 2022. Tenant looking to sign new long-term lease with new owners. Please check out virtual tour: https://apphotography.hd.pics/31519-W-12-Mile-Rd

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 27,834

Style

Commercial/Industrial

Lot Size

0.57

Town/City

Farmington Hills

County/Region

Oakland

MLS | Web ID

60316389
Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Farmington Hills
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Farmington Hills (63231)
Primary City Farmington Hills
Virtual Tour https://apphotography.hd.pics/31519-W-12-Mile-Rd
Directions West of Orchard Lake Road. South side of 12 Mile Road.
City Farmington Hills
Financial Terms Cash Conventional Exchange/Trade
Legal Description T1N R9E SEC 15 PART OF NE 1/4 OF NE 1/4 BEG AT PT DIST S 89-57-30 W 220 FT FROM NE SEC COR TH S 60 FT TH S 89-57-30 E 10 FT TH S 150 FT TH S 89-57-30 W 130 FT TH N 210 FT
DOM 541
Postal Code 48334
Price Per Sq Ft Total AG 431.67
Public Remarks
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Exterior
Frontage 171
Lot Size Area 0.57
Lot Dimensions 171x150
Roads Class A
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Ian Whitelaw

Listing Agent

Central Properties Group Llc

Broker

ianwhitelaw@att.net

Email

Affordability Calculator

$24,155
Per Month
90%
10%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
$2,320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/17/2024$3,500,000 Listed Price

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31519 W 12 MILE Road, Farmington Hills, MI, 48334 is a Commercial Property for sale at $3,500,000 with 8,108 sqft and a lot size of 0.57. The property's zip code is 48334 which is in Farmington Hills, MI

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