This exceptional 1,547 square foot executive office condo, located at 1550 N Milford Rd in Milford Charter Township, Michigan (48381), presents a unique investment opportunity. The property, encompassing units 8 and 9, is a Class B building constructed in 2004 and extensively renovated in 2017 and 2023. Boasting a convenient single-story design, the suite offers direct exterior access from the east parking lot, providing excellent visibility and accessibility. The sale includes both units, and association costs are included in the asking price of $219,000. Ample parking is available, with a ratio of 7.14 spaces per 1,000 square feet. The property features newer mechanical equipment and elevator access. While a common restroom is not within the suite, the property also includes space on the monument sign for enhanced branding. The permitted zoning is BI - Office, and the property's APN is 16-03-205-008; 16-03-205-009. An adjacent storage suite across the hall is also available. This turnkey office space is ideal for a business seeking a well-maintained, conveniently located, and readily accessible office environment in Oakland County.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$195,357
Hospitality
$178,946
Educational
$148,881
Medical
$154,001
Retail
$231,592
Location Insight
City
Milford
County
Oakland
State
Michigan
Latitude
42.6059
Longitude
-83.6112
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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