27051 Southfield Rd - Freestanding FOR SALE


Lathrup Village, MI 48076
$320,000 USD
855-608-1805
27051 Southfield Rd, Lathrup Village, MI for Sale
$320,000 USD
Freestanding - FOR SALE
1/62
null | Request Cap Rate

27051 Southfield Rd
Lathrup Village, MI 48076


HIGHLIGHTS

  • Large building-mounted sign provides a unique branding opportunity along Southfield Road.
  • Approximately 1,600 SF of additional basement space expands operational flexibility.
  • Basement includes enclosed office space for administrative functions.
  • Convenient access to I-696 and the greater Detroit metropolitan area.

OVERVIEW

Located along Southfield Road in Lathrup Village's active commercial corridor, this freestanding two-unit retail property offers a highly visible presence with approximately 43 feet of frontage and convenient access to I-696 and the surrounding Detroit metropolitan area. The property's flexible configuration allows for multiple occupancy strategies, making it suitable for owner-users seeking supplemental income potential or investors pursuing a multi-tenant retail asset. A distinguishing feature of the property is its exceptional signage opportunity. A large building-mounted sign positioned prominently on the side of the structure provides visibility that is uncommon within the immediate trade area, enhancing brand exposure for occupants and helping businesses capitalize on the corridor's daily traffic. Combined with the property's frontage and accessible location, the signage component creates a strong identity opportunity for retail, service, office, or specialty users. The building also benefits from approximately 1,600 square feet of additional basement space with 7.5-foot ceilings. This lower level expands operational flexibility and includes enclosed office space that can support administrative functions, staff work areas, inventory management, or business operations. The basement is particularly well suited for storage, employee breakroom use, back-office functions, or customized workspace needs, allowing the main floor to remain focused on customer-facing activities. Ample on-site parking further supports employees and visitors while enhancing overall functionality. Positioned minutes from Detroit and surrounding employment centers, this adaptable asset combines visibility, operational flexibility, and unique branding opportunities within an established suburban commercial corridor.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,407 SF

ZONING

B-1

APN/PARCEL ID

24-14-484-007

ASK ABOUT THIS PROPERTY

Richard MandalLan Lan Holdings, LLCMore Info
855-608-1805

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Richard MandalLan Lan Holdings, LLCMore Info
855-608-1805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.