530 Stephenson HwyTroy, MI 48083

Property Details for 530 Stephenson Hwy

Year built

1985

Lot size

1.34 AC

Property size (Sq ft)

20,270 SF

Zone code

M-1

Property type

Commercial real estate

APN

88-20-35-327-017

APU

882035327017

Description

This exceptional 20,400-square-foot executive office building presents a unique investment opportunity in Troy, Michigan. Situated on a generous 1.35-acre lot, the property offers a single-tenant occupancy, providing immediate income potential or the flexibility for owner-occupancy. The building is classified as Class B and boasts a total of 20,400 square feet of vacant, readily available space. Its location in Oakland County, at 530 Stephenson Highway, Troy, MI 48083, offers excellent accessibility and visibility. The property's single-tenant configuration simplifies management and minimizes vacancy risks. This presents a compelling opportunity for businesses seeking a substantial, well-located office space or investors looking for a stable, single-tenant income stream. The building's size and layout are ideal for a variety of corporate uses, offering ample room for expansion or customization. The property is for sale and represents a significant opportunity in the thriving Troy commercial real estate market. The address is easily accessible from major roadways, ensuring convenient commutes for employees and clients. This turnkey solution eliminates the need for extensive renovations or tenant acquisition efforts, making it an attractive option for immediate occupancy or investment. The 1.35-acre lot provides ample parking and potential for future development. Serious inquiries are encouraged to explore this exceptional opportunity further.

• Alternative Use

  Use

  Valuation

  Residential

  $4,825,543

  Hospitality

  $4,420,172

  Educational

  $3,677,531

  Medical

  $3,804,006

  Retail

  $5,720,603

Location Insight

City

Troy

County

Oakland

State

Michigan

Latitude

42.5388

Longitude

-83.1172

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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