1181 N MILFORD Road

Milford Vlg, Michigan48381


| 8573 sqft | MLS# 20230047089



Active $1,500,000

contact:
313.283.1873  Office

Description

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. Currently separated into 2 leased units by floor, lower unit 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 could create a perfect owner occupant situation or could easily be split into 2 or 3 units for sub-leasing for even more income potential. Land Contract terms are negotiable. 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!