211 Commerce St, Milford, MI 48381
3,390 SF | 100% Leased | Office Building | Milford, MI 48381 | $449,000 ($132/SF) | 6.68% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $449,000
- Property Type
-
Office
- Square Feet
- 3,390 SF
- Price / Square Foot
- $132
Listing Contacts
Michael Dudash
Verified Profile
- Property Info
Property Overview
This listing is for a Victorian-style building that was converted from a home to an office in the 70's. Ideally located in downtown Milford, it
served for many years as real estate office but is now occupied by different tenants. When fully leased, the building can support up to 8
different tenants. It is currently has 6 tenants, each with a month-to-month lease. Financial arrangements regarding the tenants can be
made available upon request. The building has an entrance on both Union Street and E. Commerce Street. There is a dedicated 7-vehicle
parking lot and shed that come with the property. Street parking in front of each entrance is plentiful and free. A V-shaped display sign
provides street-side visibility for up to 6 tenants. Additionally, placard signs for each tenant are placed by the entrance doors. The
building has 3 bathrooms, a Conference Room and lawn sprinklers. New wood floors and fresh paint as of December 2022. New asphalt parking lot July 2023. Showings by appointment only to protect the privacy of the tenants.
served for many years as real estate office but is now occupied by different tenants. When fully leased, the building can support up to 8
different tenants. It is currently has 6 tenants, each with a month-to-month lease. Financial arrangements regarding the tenants can be
made available upon request. The building has an entrance on both Union Street and E. Commerce Street. There is a dedicated 7-vehicle
parking lot and shed that come with the property. Street parking in front of each entrance is plentiful and free. A V-shaped display sign
provides street-side visibility for up to 6 tenants. Additionally, placard signs for each tenant are placed by the entrance doors. The
building has 3 bathrooms, a Conference Room and lawn sprinklers. New wood floors and fresh paint as of December 2022. New asphalt parking lot July 2023. Showings by appointment only to protect the privacy of the tenants.
Property Details
- Class
- C
- Year Built
- 1883
- Stories
- 2
- Property Subtype
- Office/Residential
- Lot Size (sq. ft)
- 8,712 SF
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].