21600 Greenfield RdOak Park, MI 48237

Property Details for 21600 Greenfield Rd

Year built

1964

Lot size

0.91 AC

Property size (Sq ft)

19,754 SF

Zone code

B-2

Property type

Retail space

APN

52-25-31-301-008

APU

522531301008

Description

This exceptional mixed-use property at 21600 Greenfield Road in Oak Park, Michigan, presents a compelling investment opportunity. The 19,754 square foot building, constructed in 1964 and extensively renovated in 2020, sits on a 0.91-acre lot and boasts 16 units, currently operating as executive office space. The building is entirely leased on a month-to-month basis, generating a gross monthly lease income exceeding $17,000. The property offers significant upside potential due to its prime location across the street from a major development project. The large parking lot provides ample space for tenants and visitors. There are no restrictive covenants on the property, offering flexibility for future use or redevelopment. The asking price is $995,000, representing a strong return on investment for a discerning buyer. The property's 100% ownership provides complete control and management flexibility. This is a rare opportunity to acquire a high-performing, well-maintained commercial property in a rapidly developing area of Oakland County. The net rentable square footage is 100 square feet. This property is a turnkey operation with immediate cash flow.

Location Insight

City

Oak Park

County

Oakland

State

Michigan

Latitude

42.452

Longitude

-83.2001

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].