1181 N Milford Road, Milford Village, MI 48381
Oakland County
Key Facts
Description
Owner-operator opportunity on high-visibility N. Milford Rd. This 8,573 SF brick medical/professional building sits on 0.83 acres with monument signage and ample parking. Lower floor (+/-4,286 SF) is NNN leased through May 2028 with rent current; tenant has vacated, creating a potential path to full-building occupancy via buyout or assignment. Upper floor (+/-4,286 SF) is vacant and move-in ready. Recent upgrades: landscaping, ADA ramps, updated HVAC, LED lighting. Ideal for a practice owner ready to build equity. Buyer to verify all lease terms and occupancy conditions independently.
Property Information
Property Type
Commercial Sale
Year Built
1990
Living Area
8,573 sq ft
Lot Size
0.83 acres
Lot Dimensions
197 X 253 x 211 x 311
MLS® Listing#
81026033082
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$23,450
Tax year 2025
Assessed Value
$543,010
Parcel Number
1603401003
Affordability Calculator
$249,800
Estimated monthly payment
$6,648/mo
Principal $999,200 · Est. interest $1,393,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Milford Village, MI
- $342,697
- Median Listing Price
- 50
- Median Days on Market
- 1,898
- Median Sq Ft
- $183
- Median Price / Sq Ft
- 697
- Active Listings
- This home’s price is 264% above the area median.
- Its price per sq ft is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Milford Village, MI.
Location
Map is currently unavailable for this location.
Points of Interest in Milford Village, MI
Showing the Milford Village area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 31310 Foxboro Way, Beverly Hills Village, MI | $874,900 | 5 | 3 | 3,039 |
| 160 Wolverine Drive, Wolverine Lake Village, MI | $879,000 | 3 | 3 | 2,131 |
| 307 Railroad Street, Union City Village, MI | $880,000 | 3 | 2 | 1,650 |
| 31310 Foxboro Way, Beverly Hills Village, MI | $884,500 | 5 | 3 | 3,039 |
| 2345 E Commerce Road, Milford Charter Township, MI | $895,000 | 5 | 6 | 4,646 |
| 116 S Jackson Street, Spring Lake Village, MI | $895,000 | — | 1 | 4,800 |
Moving Cost Estimate
EXIT Agents in Milford Village
Listing Courtesy: Live North Real Estate LLC - 2488808931
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.