Brookstone Realtors LLC
Susan Marsh, Brookstone Realtors LLCPhone: (248) 390-5869
Email: [email protected]
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listing
1 of 54
CommercialFor Sale
$1,425,000
1181 N Milford Road
Milford twp, MI 48381
Listed by: Wilhelm & Associates, (248) 625-9500
MLS: Realcomp II Ltd
8,573Sq Ft
Est. Mortgage
$7,456/mo

Excellent investment opportunity with this beautiful 8,573 sq ft building with fantastic curb appeal & park-like setting. Maximum exposure & monument signage on Milford Rd just minutes from downtown Milford. The entire lower floor is occupied by a DMC OB/GYN office with a new 5 year lease in place (expiring 5/2028). Along with this new lease, the DMC made a $150k investment promise to renovate their space (building owner will have final say & plan approval & should be soon). The upper floor is 25% occupied with a new 5 year NNN lease for $1295/mo (ramps up to $1595/mo in years 4 & 5) Land Contract terms are negotiable. Other 3 lease spaces are currently advertised on the MLS. Much more potential for additional income. This building is very well-maintained with many updates...new parking lot in July 2023, newer furnaces and A/C units, new LED lights in parking lot as well as throughout building. Add this building to your portfolio with pride!

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IDX provided courtesy of Realcomp II Ltd. via Susan Marsh and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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