Homes for sale - 31519 W 12 MILE Road, Farmington Hills, MI 48334

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 3,500,000

Est. payment -/mo

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31519 W 12 MILE Road Farmington Hills, MI 48334

8,108 SqFt

UPDATED:

06/17/2024 06:58 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 8,108 sqft

Price per Sqft $431

MLS Listing ID 20240042583

Originating Board Realcomp II Ltd

Year Built 1995

Annual Tax Amount $27,834

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 171x150

Property Description

Building for sale: a beautifully renovated freestanding building hosting one of Michigan's finest Chinese restaurants as a tenant. Wonderful investment opportunity with a fabulous building and a 1st class tenant. This upscale establishment spans two levels of dining, includes an outdoor patio, and is equipped with an elevator. The property features prominent monument signage along bustling 12 Mile Road, strategically positioned just west of Orchard Lake Road and across from Starbucks. Situated in an area featuring restaurants, banks, and various amenities, this site was also formerly known as Tribute Restaurant and has been meticulously transformed to meet the highest standards of quality. Excellent freeway access and location. Building is fantastic condition as it was completely renovated in 2022. Tenant looking to sign new long-term lease with new owners. Please check out virtual tour: https://apphotography.hd.pics/31519-W-12-Mile-Rd

Location

State MI

County Oakland

Area Farmington Hills

Zoning Commercial

Direction West of Orchard Lake Road. South side of 12 Mile Road.

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Accessibility Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Visitor Bathroom

Road Frontage Class A

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Block/Concrete/Masonry

Schools

School District Farmington

Others

Tax ID 2315201271

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange, Warranty Deed

Rebuilt Year 2022

Listing Terms Cash, Conventional, Trade/Exchange, Warranty Deed

Financing Cash,Conventional,Trade/Exchange,Warranty Deed

Special Listing Condition Full Service

Listed by Ian Whitelaw of Central Properties Group LLC