3490 12 Mile RdBerkley, MI 48072

For Sale
$5,900,000

Prime Berkley location, 69,878 sq ft.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 69,878 square foot industrial property, situated on a 2.6-acre lot in the heart of Berkley, MI, presents a rare investment opportunity. Its highly visible location on 12 Mile Road offers unparalleled accessibility and exposure, with multiple parking lot entrances ensuring convenient access for both employees and customers. The property boasts easy access to Woodward Avenue and is within walking distance of Royal Oak Beaumont, placing it in a vibrant and densely populated area with 15,366 residents and significant daily foot traffic. The expansive space is adaptable to a variety of uses, making it an ideal candidate for redevelopment. The property uniquely includes a parking garage, a significant advantage in this location. The city's plan proposes developing the site into a luxury high-rise condominium complex with ground-level retail, showcasing the immense potential for future development. This is a truly unique opportunity to acquire a substantial industrial property in a thriving community with significant upside potential. The property's size, location, and adaptability make it a compelling investment for discerning buyers seeking a high-impact asset in a prime location. The existing structure offers immediate occupancy potential, while the zoning and location provide a clear path for future development.

Property Details for 3490 12 Mile Rd

Property type
Industrial properties, Other industrial properties
Square Feet
69,878 SF
Year Built
1919
Lot Size (sq. ft)
113,256 SF

Location Insight

City
Berkley
County
Oakland
State
Michigan
Latitude
42.5034
Longitude
-83.19461
3490 12 Mile Rd, Berkley, Michigan

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3490 12 Mile Rd
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