30728 John R RdMadison Heights, MI 48071
- Specialty properties
- 2,592 SF
Property Details for 30728 John R Rd
- Lot size
- 1.05 AC
- Property size (Sq ft)
- 2,592 SF
- Zone code
- B-1 LOC
- Property type
- Specialty properties
- APN
- 44-25-12-101-057
- APU
- 442512101057
Description
This exceptional 5,100 square foot mixed-use property, located at 30728 John R Rd in Madison Heights, Michigan, presents a unique investment opportunity. The building, situated on a one-acre lot, features two stories and boasts a blend of creative and traditional office space, perfect for owner-occupancy. Originally constructed as a church, it was renovated in 2010 and is currently vacant, offering a blank canvas for a variety of uses. The property's B1 zoning allows for diverse commercial applications, including but not limited to medical offices, childcare facilities, schools, or continued use as a community center. Recent upgrades include fresh paint and newer furnaces. The asking price is $875,000, translating to $171.57 per square foot. The net rentable area is 5,100 square feet. This property is privately owned and offers a compelling chance to acquire a well-located, versatile commercial space in a thriving Oakland County market. The building's history and unique character provide a distinct advantage for creative entrepreneurs and established businesses alike. This is a rare opportunity to acquire a substantial property in a desirable location with significant potential for future growth and return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $617,060
- Hospitality
- $565,224
- Educational
- $470,259
- Medical
- $486,432
- Retail
- $731,515
Location Insight
- City
- Madison Heights
- County
- Oakland
- State
- Michigan
- Latitude
- 42.518
- Longitude
- -83.1057
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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