7720 Highland

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 29688202
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 4,200 SF
Gross Land Area: 0.66 Acres
Sale Price: $500,000
Unit Price: $119.05 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: 7720 Highland Road
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 10/18/2016

Overview / Comments

Stop Renting and start owning. Over 240 feet of fantastic frontage on M-59 with over 50,000 cars per day. Great pedestal signage with large fenced yard. Overhead doors and a clear space space can be renovated to multiple retail. Zoned C-3 allowing for many uses. Additional smaller 900 sq. ft. retail building also included (7732 Highland). Ready for your business or development.

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 13-18-353-037
Zoning: C-3
Market Type: Large
Retail Clientele: General, Family, Business, Recreation
Property Located Between: M-59 Highland Road
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: M-59
Feet of Frontage: 240
Traffic/Vehicle Count: 50,000
Transportation: Highway, Airport, Taxi
Highway Access: Located on M-59 and only minutes to I-75
Airports: Oakland International Airport
Site Description: Large fenced lot, with ample customer parking. Located on busy Highland Road.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Zoning Description: Zoned C-3 Waterford Township.
Lot Frontage (Feet): 240
Lot Depth: 115

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,174 52,407 137,355
Median Age: 40.81 40.1 39.81
Households: 3,301 21,002 53,785
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