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700 Maple RdBirmingham, MI 48009

Prime 20,000 SF Office Building, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 20,000 square foot office building presents a unique redevelopment opportunity in Birmingham, Michigan's vibrant Triangle District. Situated on a 0.56-acre lot (APN 19-36-226-020), this Class B, multi-tenant property, built in 1966, offers significant potential. Currently operating at 70% occupancy with a gross lease structure, the building features four stories and 51 onsite reserved parking spaces. Its prime location across from a Kroger grocery store and adjacent to Ryan Companies provides excellent visibility and accessibility. The B-2 zoning permits a wide range of uses, including the proposed development of 210 residential apartments, showcasing the property's high potential for increased value. The building boasts an expansive window line and is just steps from downtown Birmingham, benefiting from strong demographics. The existing structure allows for expansion up to seven stories, offering substantial upside for future development. This is an ideal opportunity for owner-users or developers seeking a prime location with significant redevelopment potential in a thriving Michigan community.

Highlights

  • 20,000 SF building on a 0.56-acre lot.
  • 1966 construction.
  • Prime Triangle District location.
  • Across from Kroger grocery store.
  • Adjacent to Ryan Companies development.
  • Proposed 210-unit residential apartment development.

Property Details for 700 Maple Rd

Property type
Office properties
Square Feet
20,000 SF
Class
B
Year Built
1966
Stories
4
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Birmingham
County
Oakland
State
Michigan
Latitude
42.5465964
Longitude
-83.2096476
700 Maple Rd, Birmingham, Michigan

FAQs

What type of property is this?
Office property - Prime 20,000 SF Office Building, Redevelopment Potential
Where is the office property located?
The property is located at 700 Maple Rd Birmingham, MI.
What are key features of this property?
This property features: 20,000 SF building on a 0.56-acre lot.; 1966 construction.; Prime Triangle District location.
How can I contact the broker?
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700 Maple Rd
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