16000 W 9 Mile Rd & 23100 Providence Dr
- Fully-entitled Office to Multi-Family Conversion in Southfield's Urban Core
- Two buildings totaling 151,563 SF on a 5.8-acre site
- Build Potential includes 157 apartment units, 7,247 SF of retail space, and a 308-unit self-storage component
- $26.8 million in potential TIF incentives
- Located across from Henry Ford Providence Southfield Hospital and near Northland City Center
- Close to Oakland Community College Southfield Campus and Lawrence Tech University
- Quick access to The Lodge Freeway (M-10) and I-696
- Catalytic Redevelopment Opportunity!
Property Description
This fully-entitled redevelopment opportunity offers the rare ability to transform two strategically located office buildings into a dynamic mixed-use residential community in the heart of Southfield. 16000 W. 10 Mile Road and 23100 Providence Drive present a rare opportunity to acquire two office buildings totaling 151,563 square feet on 5.8 acres in the heart of Southfield’s rapidly evolving redevelopment corridor. Offered together for $7,500,000, the properties are fully entitled and shovel-ready for conversion into a mixed-use residential development featuring 157 apartment units, approximately 7,247 square feet of retail space, and a 308-unit self-storage component. Located within the City of Southfield’s Downtown Development Authority District, the site sits directly across from Henry Ford Providence Southfield Hospital and near the transformative $400M Northland City Center redevelopment. The surrounding area has seen more than 1,500 new residential units recently completed or under construction, reinforcing strong demand for housing and mixed-use development. The project may benefit from approximately $26.8 million in potential TIF incentives, along with additional state and local redevelopment programs that can significantly enhance project feasibility and long-term returns. Immediate access to M-10 and I-696, combined with proximity to major employers, healthcare, education, retail, and dining amenities, positions this offering as a premier adaptive reuse and redevelopment opportunity within Metro Detroit.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $7,500,000 |
| No. of Units: | 157 |
| Year Built: | 1969 |
| Lot Size: | 5.80 Acres |
| Opportunity Zone: | No |
| Price per unit: | $47,771 |
| Property Website | Click Here |
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