Properties for sale in Michigan

Overview

Description

Excellent opportunity for an owner-operator or real estate investor in Milford! Acquire this medical/dental/office building and build your own equity instead of paying rent. Occupy a suite perfectly positioned for your practice while collecting stable rental income from the anchor tenant, DMC, who rents the entire lower floor on a NNN lease. Varying suite configurations center around a reception/lobby area and different floorplans allow exam rooms, professional offices, and even a potential pharmacy set up. The building stands prominently off a main road into downtown with high visibility and many recent upgrades. This is a prime investment for any doctor, dentist, or professional looking to own their real estate. Secure your practice's future. Call today for details.

Location Property Info

County: Oakland
Street #: 1181
Street Direction: N
Street Name: Milford
Suffix: Road
State: MI
Zip Code: 48381
Zip (4): 1061

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.83
Lot Square Footage: 36155
Lot Dimensions: 197 X 253 x 211 x 311
Year Built: 1990
Road Frontage: 197
Total # Units: 5
# Fin Bldg Lvls: 8573
Total # Bldgs: Yes
Total SqFt: 8573
Property Use Type: Net Leased (nnn)
Full Baths: 4
Waterfront: No
School District: Huron Valley

Tax Info

Tax ID #: 16-03-401-003
Taxable Value: 403970
SEV: 538710
For Tax Year: 2024
Seller's Annual Property Tax: 23638
Tax Year: 2024
Spec Assessment & Type: NA
Homestead %: 0

Remarks Misc

Directions: From M-59 turn South on Milford rd. This building stands prominently on the West side of the road with established monument signage and generous on site parking.

Additional Details

Passenger Elevators: Yes

More Information

Location & Property Info

Cross Streets: Milford Road and Summit St.
Property Sub-Type: Office
Area: Oakland County - 70
Municipality: Milford Vlg

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 151.64
Prop Avail for Lease?: Yes

Remarks & Misc

Public Remarks: Excellent opportunity for an owner-operator or real estate investor in Milford! Acquire this medical/dental/office building and build your own equity instead of paying rent. Occupy a suite perfectly positioned for your practice while collecting stable rental income from the anchor tenant, DMC, who rents the entire lower floor on a NNN lease. Varying suite configurations center around a reception/lobby area and different floorplans allow exam rooms, professional offices, and even a potential pharmacy set up. The building stands prominently off a main road into downtown with high visibility and many recent upgrades. This is a prime investment for any doctor, dentist, or professional looking to own their real estate. Secure your practice's future. Call today for details.
Legal: T2N, R7E, SEC 3 PART OF S 1/2 OF SEC BEG AT PT DIST N 482.43 FT & E 139.13 FT FROM SW COR OF NW 1/4 OF SE 1/4, TH N 00-

Street Type

Public: Yes

Property Use

Net Leased (nnn): Yes
Vacant/Owner-User: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional Service: Yes
Professional/Office: Yes
Other: Yes

Construction Type

Concrete: Yes
Frame/Wood: Yes

Exterior Material

Brick: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Below Grade

Full: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Non-Applicable: Yes

Additional Features

Barrier Free: Yes

Util Avail at St

High Speed Internet: Yes

Driveway

Asphalt: Yes
Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes
Other: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Net Leased (nnn); Vacant/Owner-User Uses: Professional Service; Professional/Office; Other Business Includes: Non-Applicable Construction Type: Concrete; Frame/Wood Exterior Material: Brick Roofing: Composition Below Grade: Full Additional Features: Barrier Free Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: High Speed Internet Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Public Purchase Terms Avail: Cash; Conventional; Other Sale Conditions: None Possession: Close Of Escrow

1181 N Milford Road, Milford, MI 48381