28475 Greenfield Road, Southfield City, MI 48076
FREDERICK B GRAYS SOUTHFIELD WOODS · Oakland County
Key Facts
Description
Calling all investors! Great opportunity to own a 32-suite office building in the highly desirable city of Southfield. Currently 30 of 32 suites are occupied, offering strong and stable cash flow with long-term tenants already in place. This well-maintained property features beautiful hardwood finishes throughout, with the roof and windows in excellent condition. Newer AC unit. Two vacant suites provide additional upside potential for increased income. Generating an impressive 9% cap rate, this is a turnkey investment opportunity you won't want to miss.
Property Information
Property Type
Commercial Sale
Year Built
1968
Living Area
7,000 sq ft
Lot Size
0.80 acres
Lot Dimensions
34848
Days on Market
49
MLS® Listing#
58050207474
Property Features
Cooling
Heating
Sewer
Water Source
Financial Details
Parcel Number
2413235022
Affordability Calculator
$179,980
Estimated monthly payment
$4,790/mo
Principal $719,920 · Est. interest $1,004,352 over 30 yrs
Location
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Listing Courtesy: Keller Williams Paint Creek - 2486098000
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