6 results
Address
Asking Price
For Sale > 2-Unit Luxury Townhome
887 Redding Rd
Birmingham, MI
Lot Size:0.07Acres
New 2019 Constructed 2-Unit Luxury Townhome Available for Sale, Located Blocks from Downtown Birmingham, Michigan.
New 2019 Construction
Features First Floor Master Suite with European Shower, Floating Tub, and Large Walk-In Closet
Kitchen Includes Premium Cabinets, Hardwood Floors, Crown Moldings and First Floor Laundry, and Stainless Steel Appliances
Tenants Pay All Utilities | Minimal Management
Property Taxes: $34k Annually
Monthly Rental Income: $16k | $192k Gross
Approximately $150k in Net Operating Income
$2,000,000
Prominently Located in Downtown Birmingham
800 N Old Woodward Ave
Birmingham, MI
Lot Size:0.23Acres
The Property is prominently located in downtown Birmingham’s northern end, providing its tenants with an abundant supply of high-end amenities and services, all within walking distance. Furthermore, the Property serves as a northern anchor and bookend to Old Woodward’s primary retail, office and service business corridor.
800 North Old Woodward’s tenancy enjoys the buildings clean, modern design along with an abundance of natural light provided by full length windows and skylights. The prominence, floor plate size and location of this building make it an ideal purchase for a small to medium size user wishing to be located in downtown Birmingham. Norman Ziegelman’s second floor suite, approximately 1,675 square feet, is available immediately should a potential user wish to purchase the Property.
Given Birmingham's exceptional commercial real estate metrics across all product types, the northern end of Old Woodward has garnered significant interest from developers. Directly north and adjacent to the Property, a 23 unit mixed use multifamily project is slated for development. The project calls for luxury apartments atop first floor retail space. Additionally, a 9,824 square foot office development is scheduled to begin construction at the corner of Oak Avenue and Woodward Avenue. Furthermore, the Property has an 11 foot easement on its northern bound. This bodes well for future ownership given the ancillary development.
The two nearby developments and the Property’s strong location within Birmingham play directly into enhancing 800 North Old Woodward’s value. The mixed use projects will further add to the retail strip’s status as a destination within the submarket, inherently driving demand for office space at the location.
ASKING PRICE - TBD by Market
Value-Add Opportunity to Lease Up Vacany at Current Market Rents
Within Walking Distance of a Plethora of High End Amenities
Excellent User/Buyer Opportunity in the Affluent Birmingham Submarket
~
361 East Maple Road
361 E Maple Rd
Birmingham, MI
Lot Size:0.05Acres
$1,650,000
925 S. Adams Road,
925 S Adams Rd
Birmingham, MI
Lot Size:0.23Acres
$695,000
245 Townsend Street
245 Townsend St
Birmingham, MI
Lot Size:0.28Acres
$448,750
568 Ann Street
568 Ann St
Birmingham, MI
$695,000
No results found
Try zooming out to search a larger region or try broadening your limits on size, price, etc.
Market Stats
Birmingham has 87 commercial real estate spaces for lease, representing 151,734 sqft space.
10 buildings are available for sale.
In the past 30 days, Birmingham has had 39 spaces leased.
Metropolitan areas near Birmingham, MI
Counties near Birmingham, MI
Search Specific Use Types
Office Space | For Lease | For Sale |
Retail Space | For Lease | For Sale |
Industrial Space | For Lease | For Sale |
Medical Office | For Lease | For Sale |
Coworking Space | ||
Executive Suite |
All Content © 2024 OfficeSpace.com, All Rights Reserved.
Terms of Use
&
Privacy Policy
This site is protected by reCAPTCHA and the Google
Privacy Policy
and
Terms of Service
apply.
Need Help?
Tell us about your space needs.
OfficeSpace.com
Tell us about your space requirements.
We're here to help!