27051 Southfield Rd - Freestanding FOR SALE


Lathrup Village, MI 48076
$480,000 USD
855-608-1805
27051 Southfield Rd, Lathrup Village, MI for Sale
$480,000 USD
Freestanding - FOR SALE
1/61
null | Request Cap Rate

27051 Southfield Rd
Lathrup Village, MI 48076


HIGHLIGHTS

  • High-visibility location along Southfield Road with 43 feet of frontage.
  • Two-unit configuration offering flexibility for multiple business types.
  • Full basement providing additional storage or operational space.
  • Easy access to I-696 and major local roadways for regional connectivity.
  • Located in a well-established commercial corridor serving Lathrup Village and surrounding communities.

OVERVIEW

This freestanding retail property offers a versatile opportunity in a high-traffic corridor of Lathrup Village. Positioned along Southfield Road, the site benefits from strong visibility and convenient access to major thoroughfares, including I-696 and nearby 11 Mile Road. The building consists of two retail units, previously occupied by a massage studio and a law office, providing flexibility for a range of business uses. The property includes a full basement, ideal for storage or operational support, and features 10 on-site parking spaces to accommodate customers and staff. With 43 feet of frontage on Southfield Road, the site ensures excellent exposure to daily traffic. Zoned B-1 for business use, this location is well-suited for owner-users or investors seeking a property in a stable suburban market with proximity to Detroit’s employment centers.

FOR SALE DETAILS

PRICE

$480,000 USD

PRICE/SF

$300 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.