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20570 Kelly Road Harper Woods, MI $ 3,500,000
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$ 3,500,000 Get more info
20570 Kelly Road
$ 3,500,000
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Share Save

20570 Kelly Road

Harper Woods, MI, 48225
$ 3,500,000
Bedrooms-- Baths-- Sq 27,871

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Harper Woods, MI

for $3,500,000. This 27,871 square foot building was built in 1997 on a lot size of 2.77.

A great investment in a busy commercial area of Harper Woods. The building is leased to Harper Woods public schools with an income of $21,715 a month in a triple-net contract. The owner pays liability insurance. The lease expires on March 29, 2033. The property is on a busy intersection, and the property is near a redevelopment of one million square feet of warehouses and stores in the former Eastland Mall. It is also near HomeDepot and other medium to large stores along Kelly Road and Eight Mile Road. Please do not disturb the school. All inquiries must be through listing agent khalil Hachem. Buyer and buyer agent to verify information.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 40,123

Style

RealEstateOnly

Lot Size

2.77

Year Built

1997

Town/City

Harper Woods

County/Region

Wayne

MLS | Web ID

20251041283
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1997
Property Subtype RealEstateOnly
Current Use Commercial
County Wayne
Net Operating Income 250580.0
Operating Expense 10000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions From Eight Mile make left onto Kelly Road and the property is on the left hand side.
City HarperWoodsCity_Wayne
Senior Community Y/N N
High School District HarperWoods
Zoning Description Commercial
MLS Area Area05061HarperWoods
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 40123.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 375490
Expected Active Date 2025-09-30
Legal Description FFA1A1C1A1B2A--C2A1 PT OF PC FF DESC AS BEG S 36D 03M 30S W 126.17 FT AND EAST 126.17 FT AND S 36D 03M 30S W 219.00 FT FROM THE INTERSECTION OF THE CENTER LINE OF 8 MILE RD 204 FT WD WITH THE CENTERL
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 27871.0
Lot Dimensions 241X500
Lot Size Acres 2.77
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 27871.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 20570
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* Excluded Features
List By
Khalil Hachem

Listing Agent

Premier One Group Inc

Broker

(313) 819-0101

Phone

Affordability Calculator

$24,894
Per Month
87%
13%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$3,344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4909283 Elementary School
4909518 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/6/2025$3,500,000 -12.50% Price Down
9/30/2025$4,000,000 Listed Price

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20570 Kelly Road, Harper Woods, MI, 48225 is a Commercial Property for sale at $3,500,000 with 27,871 sqft and a lot size of 2.77. 20570 Kelly Road was built in 1997. The property's zip code is 48225 which is in Harper Woods, MI

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