4123 Martin Rd Commerce Twp, MI 48390
UPDATED:
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $250
MLS Listing ID 20251012952
Year Built 2005
Annual Tax Amount $23,000
Lot Size 1.250 Acres
Acres 1.25
Lot Dimensions 275 x 198
Property Sub-Type Real Estate Only
Source Realcomp II Ltd
Property Description
Built in 2005, the low-maintenance, two-story brick building includes an elevator and sits on 1.25 acres with 42 surface parking spaces. The second floor, formerly occupied by a medical user, is currently vacant and features a functional layout with exam rooms, private offices, and a reception/waiting area, making it ideal for owner-occupancy or new leasing activity.
Located just minutes from the Novi and West Bloomfield medical corridors and M-5.
No Condo Association Fees 100% ownership. Offering price represents 10% cap rate based on Year 1 NOI.
For more information and full Offering Memorandum, contact listing Broker. Traffic count according to MPSI 2025 estimates.
Location
State MI
County Oakland
Area Commerce Twp
Zoning Commercial,Light Industrial
Direction Southeast corner of Martin Rd and Richardson Rd.
Exterior
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Walled Lake
Others
Tax ID 1713401001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
