Five down, three to go. That's all that's needed to close out the Penniman Place development in downtown Plymouth. Throw in 3,600 square feet of ground floor retail space and the building at 855 Penniman Ave. is finito.
"There are a couple of things in the works but nothing definite (to fill up the space)," says Adam Freund, the development’s manager. "It’s waiting for the right people with the right vision for it."
The loft-style condos range in size from two units with 1,300 square feet to a single unit with 2,300 square feet. Each one comes with heated indoor parking, 10-foot ceilings, granite countertops, balconies, secured storage and hardwood floors. They are priced in the low $300,000s and $400,000s respectively.
The structure is built in the style of a traditional three-story storefront similar to the rest of the buildings in downtown. Part of the ground floor retail space is leased or bought. The remaining 3,600 square feet can be either rented or purchased through a number of different ways, such as a land contract. A salon on the first floor is buying its space in the building through a land contract.
For information contact Freund at afreund@wtrealty.com or call (248) 624-7200.
Source: Adam Freund, manager of Penniman Place
Writer: Jon Zemke
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