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$500,000
Est. payment /mo
5,416 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,416 sqft
Price per Sqft $92
Municipality Farmington Hills
Subdivision Farmington Hills
MLS Listing ID 20261045921
Year Built 1970
Annual Tax Amount $11,829
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 80X120
Source Realcomp
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.
Location
State MI
County Oakland
Zoning Commercial
Direction N OF GRAND RIVER EAST OF MIDDLEBELT
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Structure Type Brick
Schools
School District Clarenceville
Others
Tax ID 2336328022
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Listed by Keller Williams Lakeside
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