431 Stephenson Hwy.

Office for Sale
Also listed as Industrial
Catylist Listing ID: 28588017
Property Subtypes: High-Tech, Flex Space, Office Building, Research & Development
Building Size (RSF): 22,752 SF
Gross Building Area: See Agent
Gross Land Area: 1.75 Acres
Sale Price: $1,150,000
Unit Price: $50.55 PSF
Ceiling: 14 ft.
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2017

Overview / Comments

Attractive office/hi-tech building in excellent condition. Single user corporate headquarter building easily divisible for up to three (3) users. Recent interior upgrades. Some amenities include: fitness room with showers, several conference rooms, mix of private executive offices and open area, four (4) kitchenettes, separate phone and air conditioned IT room and outside courtyard. Building is clear span and office walls can be removed. Excellent visibility and corporate image facility. Well located with quick access to I-75 and major thoroughfares. Easy proximity to hotels, shops and restaurants.

2012 Taxes: Summer $27,707.31 / Winter $773.30 ($1.25 psf)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 20-35-326-011
Zoning: B-1
Property Located Between: 14 Mile and Maple Roads
Side of Street: West
Road Type: Paved
Transportation: Highway
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1971
Parking Type: Surface
Total Parking Spaces: 112


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,127 145,498 357,312
Median Age: 42.39 39.75 39.99
Households: 5,497 61,305 149,191
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