5-Story Residential Community (110-Unit)

26620 Franklin Rd Southfield, MI 48033

26620 Franklin Rd, Southfield, MI, 48033
26620 Franklin Rd, Southfield, MI, 48033 26620 Franklin Rd, Southfield, MI, 48033 26620 Franklin Rd, Southfield, MI, 48033 26620 Franklin Rd, Southfield, MI, 48033
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,025,000
Last Verified:
Nov 06, 2025

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Highlights

  • 52,285 SF on 1.41 Acres | $27,500/Door
  • 110-Unit, 5-Story Residential Community
  • Prime Southfield Location
  • Near Major Employers, Retail, and Transit
  • Built in 1966 | Renovated in 2017
  • Senior Living Designation
  • Value-Add Opportunity
  • 548 Shared Parking Spaces – Convenient Access and Ample Capacity
  • Southfield Hosts 10,000+ Businesses & 100+ Fortune 500 Companies
  • High-Demand Submarket – 229,555 PPL & $108,650 Avg. HHI w/in 5-Mile
  • Zoning: B-3 | Flexible Use & Long-Term Investment Stability

Description

Multifamily investment opportunity in Southfield, MI, this impressive 52,285 SF building sits on 1.41 acres and boasts 110 units across 5 stories. Located in a high-demand submarket, this property is perfectly positioned for a savvy investor seeking a solid and promising asset in the thriving Southfield area.

Discover the vibrant neighborhood surrounding the property in Southfield, MI. Enjoy easy access to the bustling business district and a range of amenities. Just moments away, you'll find the serene Franklin Meadows, perfect for a refreshing stroll or peaceful break. Indulge in a variety of dining options, from cozy cafes to upscale restaurants, offering a diverse culinary experience. For after-work leisure, the nearby Southfield City Centre boasts entertainment venues and cultural attractions. With convenient access to major highways and public transportation, the location truly offers the ideal blend of work and play for any discerning office building investor.

Building Size: 52285sq ft
Lot Size: 1.41 acres


Documents

5 Story Tower - 26620 Franklin Rd, Southfield, MI (OM).pdf

Map of 26620 Franklin Rd, Southfield, MI, 48033

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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