31160 Orchard Lake Road

Shopping Center for Sale
31160 Orchard Lake Road
Catylist Listing ID: 30048359
Building Size (RSF): 759 SF
Gross Land Area: 0.27 Acres
Sale Price: $250,000
Unit Price: $329.38 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/12/2017

Overview / Comments

  • 759 SF retail or office available for sale and immediate use
  • 3 residential lots included in the sale (directly behind building)
  • Excellent frontage and visibility on Orchard Lake Road
  • Roof replaced in 2015
  • Zoned BI and residential
  • Daily traffic counts in excess of 30,000 vehicles
  • Sale price: $250,000

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Farmington / Farm Hills
Tax ID/APN: 23-02-103-003, 23-02-103-006, 23-02-103-007
Zoning: BI AND RESIDENTIAL
Year Built: 1957
Parking Description: Surface


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,302 78,961 198,176
Median Age: 48.08 45.62 44.74
Households: 4,872 31,298 82,185
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