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1.8 acres in Wayne County, Michigan

51305 7 MILE Road, Northville, Michigan 48167 - Wayne County
$1,590,000 1.80 Acres
Bedroom Bathrooms 15000 Sq.Ft.
Property ID 2933096


Brand New Strip Mall-"Northville Gateway"- This Is a great opportunity to own a very aesthetically appealing Strip Center I highly desirable Northville. The only business district site within 2 miles of large residential developments. This area of Northville ( already high and demand due to schools and community) That will see the most residential develop over the next 5 years. In addition, nearby Salem Township has very limited business zoning. This Strip mall is the gateway to Northville. Many units have been built-out and are ready to lease. Cap rate represents potential rate at 100% leased with greatly discounted rates. The potential to achieve greater than 10% cape rate is huge. This NEW strip center has the C of O and also comes with SDM & SDD liquor licenses. Newly Coated and striped parking lot, Brand New HVAC units, NEW landscaping, NEW Lighting... This is a real estate investors dream.


From Downtown Northville head west on 7 mile road, pass a lot of residential look of building

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