Summit Place KIA (Former)

Industrial for Sale
Catylist Listing ID: 30507773
Property Subtypes: Industrial-Business Park, Other
Building Size (RSF): 11,904 SF
Gross Building Area: See Agent
Gross Land Area: 4.20 Acres
Sale Price: $1,400,000
Unit Price: $117.61 PSF
Ceiling: 16 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Summit Place Kia Dealership
Sale Terms: Cash to Seller
Last Updated: 7/13/2020

Overview / Comments

• Directly adjacent to New Development (1M SF) "Oakland County Business Center"
• Former location of Michigan's #1 KIA Dealership
• +/- 12,000 SF building on +/- 4 acres w/ Secured Fenced Lot
• Abundant parking and large showroom
• Retail, light industrial re-use or new development
• Excellent visibility and signage
• Sale price and terms negotiable. Seller financing possible.
• Located within a designated Opportunity Zone
• Expansion land 1.6 Acres available for a total of 5.6 Acres
• Tax Information: Summer 2019: $11,847.30; Winter 2019: $4,208.00;
Annual: $16,055.30
• Also available for lease : $9,950 per month/NNN | $10.00 PSF/NNN/YR

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 13-25-200-031
Property Located Between: Telegraph Rd. and Summit Dr.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,904 SF
Property Condition: Good
Year Built: 1987
Construction/Siding: Metal/Glass
Parking Type: Surface
Total Parking Spaces: 300
Overhead Cranes: Undisclosed
Sprinklers: None
Lot Frontage: 429
Lot Depth: 430
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,180 84,521 185,217
Median Age: 36.58 36.79 38.92
Households: 5,920 33,449 73,147
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