29145 Telegraph Rd - Freestanding FOR SALE


Southfield, MI 48034
$4,700,000 USD
248-930-2587
29145 Telegraph Rd, Southfield, MI for Sale
$4,700,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

29145 Telegraph Rd
Southfield, MI 48034


HIGHLIGHTS

  • Located along the high-traffic Telegraph Road commercial corridor.
  • Approximately 1.12-acre site with redevelopment potential.
  • Large open floor plan supports multiple commercial uses.
  • Prominent building and signage visibility from Telegraph Road.
  • Close proximity to M-10 and Interstate 696.
  • Surrounded by established national retailers and commercial activity.

OVERVIEW

Prime Investment | Owner-User | Redevelopment Opportunity. Located along high traffic Telegraph Road corridor near 12 Mile Road in Southfield. This Gorman’s Furniture property presents a rare opportunity to acquire a large-scale commercial trophy asset with exceptional redevelopment potential for investors and developers. Positioned on approximately 1.12 acres, the site offers flexibility for repositioning, adaptive reuse, or future ground-up redevelopment. The existing structure features expansive open floor space, prominent signage visibility, generous onsite parking, and immediate functionality for showroom, retail, medical, educational, fitness, or other specialty commercial users. Surrounded by national retailers with close proximity to M-10 and I-696. Contact Brokers for additional information.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

BI

APN/PARCEL ID

24-08-451-005

ASK ABOUT THIS PROPERTY

Chris D'AngeloSignature AssociatesMore Info
248-930-2587

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Chris D'AngeloSignature AssociatesMore Info
248-930-2587

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