Undisclosed AddressOakland, MI 48320

Property Details for Undisclosed Address

Year built

1920

Lot size

0.48 AC

Property size (Sq ft)

3,537 SF

Property type

Industrial properties

Description

This exceptional opportunity presents a rare chance to acquire a thriving, freestanding industrial provisioning center in Oakland, MI. Located in a high-income suburban area, this 3,537 square foot building sits on a 0.48-acre lot and boasts a prime location within a select group of similar facilities. Opened in late 2021, the center has demonstrated consistent monthly sales growth, currently averaging approximately $600,000 per month. The business operates with a significantly higher-than-average gross profit margin of around 60%, offering substantial value-add potential. The sale includes the option to purchase the business license and real estate, or to lease the real estate separately. Approximately $1 million in inventory is also available for purchase. The property features 22 parking spaces, plus ample street parking, and a prominent monument sign for optimal brand visibility. The building itself is a brand-new, ground-up construction completed in 2021. Its strategic location benefits from a dense, high-income residential population and proximity to several national and regional businesses. This turnkey operation presents a unique investment opportunity with significant upside potential.

Location Insight

City

Oakland

County

Oakland

State

Michigan

Latitude

42.6097

Longitude

-83.3389

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