7640 Dixie Hwy - Medical FOR SALE


Village of Clarkston, MI 48346
$1,650,000 USD
248-247-7979
7640 Dixie Hwy, Village of Clarkston, MI for Sale
$1,650,000 USD
Medical - FOR SALE
1/4
null | 7.35% Cap Rate

7640 Dixie Hwy
Village of Clarkston, MI 48346


HIGHLIGHTS

  • Fully occupied investment property with in-place tenancy.
  • Convenient access to Interstate 75 and regional transportation routes.
  • Located along the Dixie Highway commercial corridor.
  • Ample on-site parking supports visitors and employees.
  • Medical-use potential provides future flexibility.
  • Positioned within Oakland County's established commercial market.

OVERVIEW

7640 Dixie Highway presents an opportunity to acquire a fully occupied commercial investment property in Clarkston, Michigan. The property contains approximately 12,297 square feet and is offered at an asking price of $1,650,000 with a reported net operating income of $121,346. Its fully occupied status provides immediate in-place tenancy and operational continuity for investors seeking stabilized cash flow. Positioned along Dixie Highway with convenient access to Interstate 75, the property benefits from regional connectivity throughout Oakland County and the greater Detroit metropolitan area. The location supports accessibility for employees, visitors, and customers while providing convenient travel routes to surrounding business districts, healthcare providers, and residential communities. The property's visibility along a well-traveled commercial corridor further enhances its presence within the local market. The offering also highlights medical-use potential, providing flexibility for future ownership strategies subject to local requirements and approvals. Ample on-site parking supports daily operations and visitor access, an important consideration for professional and healthcare-oriented occupancies. Combined with its established occupancy, accessible location, and parking availability, the asset offers investors a commercial property with current income and long-term positioning within a mature Oakland County market.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Ridge Place

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

3.06 AC

LAND SF

133,294 SF

ZONING

O

APN/PARCEL ID

08-19-301-033

ASK ABOUT THIS PROPERTY

Christopher NagorskiSkyline Property Group, IncMore Info
248-247-7979

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

Christopher NagorskiSkyline Property Group, IncMore Info
248-247-7979

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