$549,900
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4,648 SqFt
SOLD DATE : 04/22/2026
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Sold
Purchase Type For Sale
Square Footage 4,648 sqft
Price per Sqft $112
Subdivision Louise Lathrups California Bungalowno 3
MLS Listing ID 20251048006
Sold Date 04/22/26
Year Built 1989
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type RealEstateOnly
Property Description
Looking for a high-visibility commercial space in Lathrup Village with stable rental income and prime road exposure? This standalone mixed-use property on W 11 Mile offers excellent investment potential just minutes from major freeways. This 4,648 square foot building is currently configured as a salon and office space. The front salon unit is leased at $4,000/month to long-term tenants who wish to remain, offering immediate cash flow. The layout supports flexible use, ideal for owner-occupants, investors, or professionals seeking high-traffic frontage in a well-connected corridor. Recent improvements include a newer roof and gutters, reducing near-term capital expenses. The building is zoned for commercial use and located within the Southfield Public School District, offering potential value-add for future redevelopment or expanded services. With easy access to Southfield Rd, I-696, and nearby city amenities, this site benefits from consistent vehicle and foot traffic. Ample visibility and convenient access make it a standout choice for businesses that rely on exposure.
Location
State MI
County Oakland
Area Area02243Lathrupvlg
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features ParkingLot, OnSite
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Other
New Construction No
Schools
School District Southfield Public Schools
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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