32440 Franklin Rd

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32440 Franklin Rd

Franklin, MI 48025
Asking Price
$1.50M
Asset Type
Retail
Class
Class B

What's Special

Located at 32440 Franklin Road, this retail property is situated in the heart of historic downtown Franklin, Michigan. The neighborhood is characterized by its preserved village atmosphere, high-end residential estates, and a mix of boutique local businesses. The site is positioned near the Franklin Cider Mill and the village green, offering visibility within a walkable commercial district. Primary transportation access is provided via Franklin Road, which connects the village to the adjacent communities of Bloomfield Hills and Farmington Hills, as well as the nearby Northwestern Highway corridor. The property is suited for high-end boutique retail, professional service firms, or specialty food and beverage operators. Given the affluent local demographics and the village’s emphasis on quaint charm, the ideal tenant profile includes independent retailers, galleries, or luxury service providers that cater to a discerning local clientele. The building's architecture and central placement make it a strategic location for businesses seeking a quiet yet prestigious environment that benefits from consistent community foot traffic and regional destination visitors.

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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332

Location & Travel Times