Southfield DDA Development Site Office FOR SALE


Southfield, MI - Southfield Downtown
$7,500,000 USD
248-281-9907
, Southfield, MI for Sale
$7,500,000 USD
Office - FOR SALE
1/5
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Southfield DDA Development Site
Southfield, MI
Southfield Downtown


HIGHLIGHTS

  • Fully-entitled Office to Multi-Family Conversion in Southfield's Urban Core
  • Two buildings totaling 151,563 SF on a 5.8-acre site
  • Build Potential includes 157 apartment units, 7,247 SF of retail space, and a 308-unit self-storage component
  • $26.8 million in potential TIF incentives
  • Located across from Henry Ford Providence Southfield Hospital and near Northland City Center
  • Quick access to The Lodge Freeway (M-10) and I-696

OVERVIEW

This fully-entitled redevelopment opportunity offers the rare ability to transform two strategically located office buildings into a dynamic mixed-use residential community in the heart of Southfield. 16000 W. 10 Mile Road and 23100 Providence Drive present a rare opportunity to acquire two office buildings totaling 151,563 square feet on 5.8 acres in the heart of Southfield’s rapidly evolving redevelopment corridor. Offered together for $7,500,000, the properties are fully entitled and shovel-ready for conversion into a mixed-use residential development featuring 157 apartment units, approximately 7,247 square feet of retail space, and a 308-unit self-storage component. Located within the City of Southfield’s Downtown Development Authority District, the site sits directly across from Henry Ford Providence Southfield Hospital and near the transformative $400M Northland City Center redevelopment. The surrounding area has seen more than 1,500 new residential units recently completed or under construction, reinforcing strong demand for housing and mixed-use development. The project may benefit from approximately $26.8 million in potential TIF incentives, along with additional state and local redevelopment programs that can significantly enhance project feasibility and long-term returns. Immediate access to M-10 and I-696, combined with proximity to major employers, healthcare, education, retail, and dining amenities, positions this offering as a premier adaptive reuse and redevelopment opportunity within Metro Detroit.

ASK ABOUT THIS PROPERTY

Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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