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$ 500,000
Est. payment | /mo
5,416 SqFt
$ 500,000
Est. payment | /mo
5,416 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 5,416 sqft
Price per Sqft $92
Subdivision Suprvr'S Plat No 5 - Farmington Hills
MLS Listing ID 20261045921
Year Built 1970
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type RealEstateOnly
Property Description
Outstanding investment and owner-user opportunity in the heart of Farmington Hills. Located at 28728 Grand River Avenue, this highly visible commercial property offers exceptional frontage on one of the area's busiest corridors, providing outstanding exposure, accessibility, and redevelopment potential. The property is ideally situated within a thriving commercial district surrounded by established businesses, retail centers, and professional services.
A significant value-add opportunity is that the property has been approved for a City of Farmington Hills Façade Improvement Grant, providing up to $30,000 in reimbursement for eligible exterior improvements, signage, building enhancements, and curb appeal upgrades, subject to City approval and program requirements.
The City of Farmington Hills is receptive to multiple redevelopment and reuse concepts, including medical office, professional office, retail, and other commercial uses, making this an attractive opportunity for investors, developers, and owner-users seeking flexibility and future upside. With strong traffic counts, excellent visibility, and municipal support for property improvements, this property offers tremendous potential in a growing commercial market.
Buyer to verify zoning, permitted uses, grant eligibility, and redevelopment opportunities with the City of Farmington Hills.
A significant value-add opportunity is that the property has been approved for a City of Farmington Hills Façade Improvement Grant, providing up to $30,000 in reimbursement for eligible exterior improvements, signage, building enhancements, and curb appeal upgrades, subject to City approval and program requirements.
The City of Farmington Hills is receptive to multiple redevelopment and reuse concepts, including medical office, professional office, retail, and other commercial uses, making this an attractive opportunity for investors, developers, and owner-users seeking flexibility and future upside. With strong traffic counts, excellent visibility, and municipal support for property improvements, this property offers tremendous potential in a growing commercial market.
Buyer to verify zoning, permitted uses, grant eligibility, and redevelopment opportunities with the City of Farmington Hills.
Location
State MI
County Oakland
Area Area02231Farmingtonhills
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Clarenceville
Others
Senior Community false
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition ShortSaleNo, Standard
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Listed by Ninos Souresho of Keller Williams Lakeside