UPDATED:
02/14/2025 08:50 PM
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 9,798 sqft
Price per Sqft $204
Subdivision Paterson Telreka Sub
MLS Listing ID 20250010095
Originating Board Realcomp II Ltd
Year Built 1960
Annual Tax Amount $24,492
Lot Size 1.710 Acres
Acres 1.71
Lot Dimensions 364 x 125.00
Property Sub-Type Real Estate Only
Property Description
Telegraph Road, a bustling commercial corridor. Ideal for investors or healthcare professionals, the property features modern amenities,
consistent rental income, and future development potential, making it a unique opportunity. The medical office space is well-equipped
and designed for efficiency. It includes four exam rooms, a dedicated infusion center with four chairs, an on-site diagnostic lab, and a
spacious reception area with workstations for up to five staff. Additional features include a private conference room, a billing department
accommodating three staff, multiple administrative offices, and a comfortable lobby with seating for 20 patients. A specialty room is
tailored for sleep study procedures, providing even more versatility. Completing the package is a massive 1,800-square-foot garage,
perfect for storage or parking. The strip mall offers a consistent revenue stream from a fully leased grocery store and pharmacy,
generating $5,500 per month. Parking is ample, with 54 spaces, and the property features 364 feet of frontage along Telegraph Road for
maximum visibility and ease of access. Expansion opportunities abound, with four vacant lots behind the parking area that can be
included in the sale. These lots offer an additional 200 feet of potential frontage, opening doors for further development or revenue
generation. Infrastructure improvements by the Michigan Department of Transportation (MDOT) add to the property's appeal. In 2024,
MDOT initiated an $18.5 million project to enhance bridges and connectivity along US-24 (Telegraph Road). These improvements
contribute to the area's accessibility and long-term growth, further increasing the property's value. With its turnkey condition, high
visibility, and suitability for a variety of medical and healthcare services, this property is ready to support a wide range of uses.
Location
State MI
County Wayne
Area Taylor
Zoning Commercial,Office
Direction S of SUPERIOR on the EAST SIDE OF TELEGRAPH
Exterior
Road Frontage Class C, Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick
Schools
School District Taylor
Others
Tax ID 60070010096000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional, Trade/Exchange, Warranty Deed
Listing Terms Cash, Contract, Conventional, Trade/Exchange, Warranty Deed
Financing Cash,Contract,Conventional,Trade/Exchange,Warranty Deed
Special Listing Condition Full Service
