148-152 Barker Road
$425,000
148 Barker Road, Whitmore Lake, MI 48189
For Sale
Retail
Active
Last Updated: 07/23/2024
11
Cap Rate
2,900 sqft
Building Size
Details:
Cap Rate: 11%
Building Size: 2,900 sqft
Lot Area: 0.26 acres
Occupancy: 100%
Units: 2
Year Built: 1980
Zoning: PSC
Floors: 1
Roof: Single
Description:
This two tenant retail building consisting of approximately 2,900 sf, is located just off of US-23 in the heart of Whitmore Lake. The parcel backs to the Northfield Township Community Park and is part of the Downtown Strategic Action Plan.
Marco's Pizza has been in place since 1997 with lease extension options through 2037 and the coffee shop has been in place since 2013. Strong established tenants, excellent location and great exposure make this a solid investment property.
Downtown Retail
Immeadiate Expressway Access
Walkability
Location

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