$3,450,000

30547 Dequindre Road, Madison Heights, MI 48071

  • 17,700 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon2.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $195/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Listing Agent: Claudia Shamo Broker: Century 21 Professionals Sterling Heights: High-Performing Investment Plaza – Madison Heights! Rare opportunity to own a profitable retail plaza in one of Madison Heights’ busiest corridors! Featuring 17 units / 27,700 sq. ft. on 2.46 acres, this property is 100% occupied with established, long-term tenants and a 8.51% cap rate. Strong cash flow with $375,600 annual income and $293,476 NOI. Two well-kept buildings (built 1974 & 1985) with 173 parking spaces and a prime Dequindre Rd. location boasting 34,800 VPD. Same ownership for 29 years — a proven performer offering stability, visibility, and solid returns. New Rubber Roof Installed in 2024.

Listing Status:
Active
Listing Office:
Century 21 Professionals Sterling Heights : 586-274-1111
Listing Agent:
Claudia Shamo : 586-822-8211
MLS ID:
50191197
  • Appliances: Gas Water Heater
  • A/C: Central Air
  • Heating: Forced Air
  • Parking: 100+ SpacesOn SiteParking Lot
  • Roofing: Rubber
  • General: BrickSlab
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • County: Oakland
  • Zoning: 2 Buildings Total Bldg 1 Parcel #2512226013 Bldg 2 Parcel #2512226096
  • Water: Public
  • Sewer: Public Sanitary
  • Source: MiRealSource

This listing courtesy of Claudia Shamo, Century 21 Professionals Sterling Heights

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Simonds Elementary School

30000 Rose St, Madison Heights, MI, 48071

Grades KG-5

0.35 miles away

L

Lamphere Center

29685 Tawas St, Madison Heights, MI, 48071

Grades 5-12

0.79 miles away

L

Lamphere Center

29685 Tawas St, Madison Heights, MI, 48071

Grades 5-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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