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12551 Woodward Ave
Highland Park, MI 48203

BP · Retail Property For Sale

Investment Highlights

  • Major upside potential

Executive Summary

Detroit Gas Stations For Sale | 6 Locations
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in
immediate market area
Opportunity to acquire a critical mass of well-positioned
stations with long records of profitability
Each station positioned on corner lots in close proximity to
nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo,
Marathon, BP
Traditional service station amenities | Convenience store,
24-hour access, ATM, onsite parking

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
979 SF
Building Class
C
Year Built
1981
Price
$700,000
Price Per SF
$715
Cap Rate
4.11%
NOI
$28,752
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.41 AC
Zoning
TOD - Transit Oriented Design
Parking
2 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
139 FT on Woodward Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
43-012-06-0001-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$99,500
  • Listing ID: 24868896

  • Date on Market: 1/19/2022

  • Last Updated:

  • Address: 12551 Woodward Ave, Highland Park, MI 48203

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