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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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3490 12 Mile Rd , Berkley, MI 48072
$5,900,000
Est. Payment: $30,382.02/mo
0 Bed
0 Bath
69878 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®
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House Description

This is a once in a lifetime business opportunity.Location – Downtown Berkley. Once in a lifetime opportunity to own over two and a half acres. The largest available space in Berkley. Visibility – You can not miss this place it is highly visible and has multiple parking lot entrances. Convenience – Easy to access. Great location. Walking distance to Royal Oak Beaumont. Just seconds from Woodward Ave. Population – Berkley is a vibrant and active community with 15,366 residents and thousands more visiting everyday. Versatility – is it an easy conversion to suit a variety of tenants?Accessibility –The property is easily accessible to receive deliveries. This property uniquely features a parking garage. Zoning – The city plan proposal is for this space is for it to be developed at a Luxury High-rise Condominiums with shops and dining at street level. The possibilities for this space are endless.
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Highlights

Listed by Jesica Spencer , 248-396-7895 Spencer Real Estate, LLC , 833-765-3773. MichRIC

Property Type

Commercial Sale
Lot/Acreage
2.6

Year Built

1965

County

Oakland

 Neighborhood

Berkley City

 School District

Berkley

Listing ID

20261001377

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Basement
Other:Public

Exterior Features
Principal Interest
$30,382
Taxes
$3,243

Home Price

$5,900,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$1,180,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$30,382.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $30,382.02 $3,242.75 $0.00 $33,624.77
Yearly $364,584.21 $38,913.00 $0.00 $403,497.21
Total $10,937,526.27 $1,167,390.00 $0.00 $12,104,916.27
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Berkley, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC