2960 12 Mile RdBerkley, MI 48072

For Lease
$20/SF/YR

Iconic Berkley Theater Building, 12,761 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12,761-square-foot retail property, situated on approximately one acre of land at 2960 Twelve Mile Rd, Berkley, MI 48072 (cross streets: Robina & Wakefield), presents a unique investment opportunity. Originally constructed in 1941 and renovated in 1993, this Class A building features a single-story design and boasts 68 parking spaces. Currently, the property includes three small street-level retail tenants (approximately 671 square feet each) and a larger 10,696-square-foot space previously occupied by Rite Aid, which is expected to vacate within 90 days. The building's iconic theater marquee, leased by the City of Berkley, adds significant character and community value. The property is zoned for downtown uses (APN: 25-07-455-031

Highlights

  • 12,761 SF retail property in downtown Berkley, MI, a premier Metro Detroit community.
  • Iconic Berkley Theater marquee; property occupies a full city block.
  • 0.9-acre site comprised of three parcels.
  • Unique downtown location with 68 dedicated parking spaces in two lots.
  • 10,696 SF anchor space (formerly Rite Aid), plus three 671 SF retail suites with long-term tenants.
  • Excellent demographics in densely populated suburban area.

Property Details for 2960 12 Mile Rd

Property type
Individual retail properties, Other retail properties
RSF (Rentable sq. ft)
12,761 SF
Class
A
Year Built/Renovated
1941/1993
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
12,761 SF
Rate per SF
$20

Location Insight

City
Berkley
County
Oakland
State
Michigan
Latitude
42.5032938
Longitude
-83.188931
2960 12 Mile Rd, Berkley, Michigan

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2960 12 Mile Rd
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