Berkley, MI 48072,2200 11 Mile RD
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2200 11 Mile RD Berkley, MI 48072

9,463 SqFt


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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 9,463 sqft

Price per Sqft $264

Subdivision Hannans West Royal Oak

MLS Listing ID 20251031308

Year Built 1964

Property Sub-Type BusinessandRealEstate

Property Description

Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs – includes both the real estate and business/license.
Freestanding building built in 2023 with 38 parking spaces, with the potential to add up to an additional 20 spaces with an adjacent neighbor.
The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway.
Surrounded by a high-income residential population and a strong mix of national and regional tenants—providing additional exposure and traffic.
Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash ?ow and increase sales under amplified day-to-day management and existing employee retention. All that is missing is new branding and inventory.
Included in the sale price is the neighboring industrial building, currently leased to a storage tenant at
$3,938.00 per month Gross and the lease expires in the middle of 2027, offering great upside as an investment. It can be excluded from the sale and sold separately, subject to an agreed-upon deal for the PC.

Location

State MI

County Oakland

Area Area02253Berkley

Interior

Heating ForcedAir, NaturalGas

Exterior

View Y/N No

Garage false

Building

Sewer PublicSewer

Water Other

Schools

School District Berkley

Others

Senior Community false

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional

Special Listing Condition RealEstateOwned, ShortSaleNo


Realcomp MLS
Listed by Corbin Yaldoo of C3 CRE, LLC
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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2200 11 Mile RD