Southfield, MI - Lender Owned Absolute Auction - Office Building Southfield, MI

Property Location MAP

26500 Northwestern Highway
Southfield, MI 48034

Property #: TAA-1016

Contact Agent

Vance Luksetich
Tranzon Bippus, Tranzon Asset Advisors

(618) 830-9091 vancel@tranzon.com

This vacant 95,388 +/- sf building had been on the market for over four years and had over 80% of its interior walls and flooring removed. While the property is in an excellent location, it was in a very depressed office market. An absolute auction was held that attracted 13 registered bidders and 5 registered buyer brokers. The final winning bid of $1,375,000 far exceeded the seller’s expectations and the buyer was thrilled with his purchase.

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