MI > Oakland > Farmington Hills > 31519 W 12 Mile Road

$3,500,000

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  • MLS# 20240042583
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248-304-6700

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248-208-3883

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Building for sale: a beautifully renovated freestanding building hosting one of Michigan's finest Chinese restaurants as a tenant. Wonderful investment opportunity with a fabulous building and a 1st class tenant. This upscale establishment spans two levels of dining, includes an outdoor patio, and is equipped with an elevator. The property features prominent monument signage along bustling 12 Mile Road, strategically positioned just west of Orchard Lake Road and across from Starbucks. Situated in an area featuring restaurants, banks, and various amenities, this site was also formerly known as Tribute Restaurant and has been meticulously transformed to meet the highest standards of quality. Excellent freeway access and location. Building is fantastic condition as it was completely renovated in 2022. Tenant looking to sign new long-term lease with new owners. Please check out virtual tour: https://apphotography.hd.pics/31519-W-12-Mile-Rd

Property Information

Status
Active 
Address
31519 W 12 Mile Road 
City
Farmington Hills 
Zip
48334 
Year Built
1995 
Listing Date
06/17/2024 
List Price
$3,500,000
Architecture
2 Story 
County
Oakland 
Above Grade SqFt
8,108 
Possession
At Close 
Price/SqFt
431.67 

School Information

School District
Farmington 

Taxes

Summer Taxes
$21,485 
Winter Taxes
$6,349 

Features

Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240042583 Active Jun 17 2024 2:05PM $3,500,000 306
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Central Properties Group Llc
(248) 667-9014
Office Address 56461 Grand River Ave

31519 W 12 Mile Road Farmington Hills
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$3,500,000
For Sale • Acres: 0.57 • Zoning: Commercial