Similar Auctions
View All Auctions
Johnstown, PA
Value-Add • 89% Occupied • Planet Fitness, VA Clinic, Park Home Furniture
Starting Bid
$1,500,000
Open –
For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Friedman Real Estate, in partnership with RealINSIGHT Marketplace, is pleased to present Victor Corporate Center, a Class A office building at 20255 Victor Parkway in Livonia, Michigan. The four-story, ±177,000 SF asset sits on 14.70 acres and was built in 1999, offering full-building availability suited to a headquarters user, multi-tenant office strategy, data center conversion, multifamily conversion, or other adaptive reuse, subject to user requirements and applicable approvals. The building features three elevators, flexible floor plates, facade and monument signage, an on-site cafeteria and sundry shop, and approximately 900 surface parking spaces, with a lobby renovation program depicted in the marketing materials. Existing 480V, 3,000-amp, three-phase electrical service and fiber connectivity support data center conversion, with room for expanded power and cooling. Conceptual plans for approximately 279 apartment units are available in the due diligence vault, supported by Livonia's employment base, regional accessibility, and identified need for increased housing supply. Zoned PO-3, the Property supports continued office use or alternative-use conversion, subject to municipal approval. Victor Corporate Center presents a unique opportunity for investors, owner-users, headquarters users, data center developers, multifamily developers, and adaptive reuse groups.
Due Diligence
Location
Victor Corporate Center sits at 20255 Victor Parkway in Livonia, Michigan, with immediate access to I-275 and connections to I-696, I-96, and M-5, linking downtown Detroit, Ann Arbor, and Detroit Metropolitan Wayne County Airport. The surrounding corridor is anchored by national retailers, hotels, restaurants, and healthcare users supporting daily employee needs.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
Value-Add • 89% Occupied • Planet Fitness, VA Clinic, Park Home Furniture
