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31519 W 12 MILE

Farmington Hills, MI 48334
  • $3,500,000
  • STATUS: Active
  • ON SITE: 236 Days
  • MLS #: 20240042583
UPDATED: 51 min ago
$3,500,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,108
    SQFT
  • $432
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-02-08T23:48:28.75.
www.kelder.com/homes/151745221
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31519 W 12 MILE Farmington Hills, MI 48334

  • Price: $3,500,000
  • Status: Active
  • On Site: 236 Days
  • Updated: 51 min ago
  • MLS #: 20240042583
0
Beds
0
Baths
0
½ Baths
0.57
Acres
8,108
SQFT
$432
$/SQFT
Neighborhood:
Farmington Hills (63231)
County:
Oakland
Area:
Farmington Hills (63231)
Property Description
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
Exterior Features

Exterior Construction Block Foundation Type Slab Frontage 171 Lot Size 171x150 Roads Class A Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Assessments Amount 0 Commercial Type Commercial/Industrial Financial Terms CashConventionalExchange/Trade Lease YN No Municipality Farmington Hills Occupant Ian Whitelaw Ownership Private SEV 501530 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 21485 Taxable Value 498490 Total Tax Amount 27834 Water Public Water Winter Tax Amount 6349 Zoning Commercial

Listing courtesy of Central Properties Group LLC : 248-667-9014.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-02-08T23:48:28.75.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423