27051 Southfield Rd - Freestanding FOR SALE


Lathrup Village, MI 48076
$420,000 USD
855-608-1805
27051 Southfield Rd, Lathrup Village, MI for Sale
$420,000 USD
Freestanding - FOR SALE
1/62
null | Request Cap Rate

27051 Southfield Rd
Lathrup Village, MI 48076


HIGHLIGHTS

  • Dual retail units in one freestanding building suited for multiple business pursuits.
  • Full unfinished basement with 7-foot ceiling clearance and two built-out offices for flexible use or storage.
  • High-visibility location on Southfield Road with strong daily traffic and proximity to I-696.
  • Short drive to Detroit’s employment centers and established residential communities in Oakland County.

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 immediate access to major thoroughfares, including I-696. The configuration includes two adjoining units, previously utilized for service-based businesses, providing flexibility for owner-users or investors seeking multiple occupancy options. A standout feature is the full unfinished basement with a 7-foot ceiling, which accommodates operational support, storage needs, or creative reconfiguration. The basement includes two finished offices, making it suitable for back-office or administrative functions while freeing the main level for customer-facing activities. Ample on-site parking and easy regional connectivity further enhance usability for a variety of retail, service, or office concepts. This property represents an adaptable opportunity in a well-traveled suburban setting minutes from central Detroit and neighboring employment hubs.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$263 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.