151,563 SF Fully-Entitled Office to Multi-Family Conversion in Southfield DDA District

Investment Overview

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.

Investment Highlights

• 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!