For Sale
$300,000

3620 Duck Lk Rd Highland Charter Township, MI 48356

Prime Retail Space, Daycare Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2,354 sq ft commercial property in Highland Charter Township, MI (48356), is available for $300,000. Currently operating at 100% occupancy with a one-year remaining lease (Gross Lease, Single Tenancy), it boasts a 5.00% cap rate and a price per square foot of $127.44. Located at 3620 Duck Lake Rd N, this versatile space is ideal for various businesses, including but not limited to contractors, CPAs, insurance agencies, or heating and cooling companies. The open floor plan allows for customization, and ample parking is available. The property sits on a 0.43 sq ft lot and is conveniently located near local amenities. This is a rare opportunity to acquire a well-situated commercial property with strong potential for growth and return on investment. The property's current use as a daycare and storefront makes it suitable for a variety of businesses. Don't miss this chance to own a thriving commercial space in a desirable location.

Highlights

  • $300,000 asking price for this 2,354 square foot retail property.
  • Located at 3620 Duck Lake Rd N, Highland Charter Township, MI 48356.
  • Property features a gross lease, single tenancy, and 100% occupancy with one year remaining on the lease.
  • The property boasts a 5.00% cap rate and a price per square foot of $127.44.
  • Suitable for various professional uses, including contractors, CPAs, insurance agencies, and HVAC companies.

Property Details for 3620 Duck Lk Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
2,354 SF

Location Insight

City
Highland Charter Township
County
Oakland
State
Michigan
Latitude
42.673142825406
Longitude
-83.57490307601

FAQs

What type of property is this?
Day care center & nursery - Prime Retail Space, Daycare Potential
Where is the day care center & nursery located?
The property is located at 3620 Duck Lk Rd Highland Charter Township, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: $300,000 asking price for this 2,354 square foot retail property.; Located at 3620 Duck Lake Rd N, Highland Charter Township, MI 48356.; Property features a gross lease, single tenancy, and 100% occupancy with one year remaining on the lease.
How can I contact the broker?
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3620 Duck Lk Rd
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