UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 10,032 sqft
Price per Sqft $159
Subdivision Fred M Warners Add 2
MLS Listing ID 20251027060
Year Built 1933
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type RealEstateOnly
Property Description
Prime Grand River Avenue frontage ensures excellent visibility in a highly walkable downtown surrounded by restaurants, shops, parks, and cultural attractions, with easy access to major freeways. Downtown Farmington is nationally recognized for its historic charm, vibrant pedestrian environment, and year-round events that draw consistent foot traffic including more than six million visitors from spring through fall 2024, according to statistics from Oakland County.
Current tenants include Art 101, Nailz Salon, Three's Company Real Estate office, and The Beauty Bar. Recent vacancy is the 2,500 sq. ft. bar space with liquor license and is included in sale, offering a neutral build-out easily adaptable to a sports bar, restaurant, or specialty food and beverage concept. The two-story building has two 1,000 sq. ft. spaces available plus a couple of finished suites in the basement. This is a rare chance to secure a prime downtown asset ahead of continued redevelopment and growth in Downtown Farmington.
Location
State MI
County Oakland
Area Area02231Farmingtonhills
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Lighted, ParkingLot
View Y/N No
Roof Type Asphalt, BuiltUp
Garage false
Building
Foundation Basement, Block, CrawlSpace, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Farmington
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Nearby Locations
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