Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1705 Gratiot Blvd Marysville, MI 48040

    View on Map
    Sponsored
    For Sale
    $259,900

    Commercial/Industrial - Marysville, MI

    Property size:
    1,536 SF
    Lot size:
    0.20 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 23 at 9:06 am

    Property Features for 1705 Gratiot Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    03-773-0065-000
    Parking features
    Parking Lot
    Interior features
    Electric Available, Gas Available, Occupied, Private Restrooms, Reception Area
    Size
    1,536 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Building materials
    Frame
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Maria Mcguire
    Maria Mcguire

    RE/MAX Advisors

    Listing agent Maria McGuire License #6504242665

    Listing date Mar 16, 2026

    MLS# 50201720 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Building on Gratiot Boulevard

    This freestanding commercial building is located on heavily traveled Gratiot Boulevard in Marysville, Michigan. The property includes a large lot with abundant parking. Currently, the 1536 square foot building is used as a chiropractor's office, featuring a reception area, waiting room, and three exam/adjustment rooms. The property is zoned for commercial use and is located in St. Clair County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hohf Chiropractic Alternative Medicine Practice Dr. Keith Hohf Alternative Medicine Practice Clippers Edge Barber Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Marysville Veterinary Clinic, Cassandra Leicht, DVM

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.4791511
    Latitude
    42.918686

    Nearby Similar for Sale

    • $160,000
      1,750 SF

      Marysville Commercial Building on Corner Lot

      Freestanding 1,750 sq ft commercial building on 0.49-acre corner lot.
      10 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $160,000

      Freestanding Commercial Building on Corner Lot

      1,750 SF commercial building on 0.49-acre corner lot.
      10 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $1,110,000

      Restaurant Property with Drive-Thru

      Single tenant restaurant property with drive-thru in Detroit MSA.
      1501 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $600,000
      4,445 SF

      Marysville Medical Office - For Sale

      Prime Medical Office Space, 4,445 SF
      1750 Busha Hwy, Marysville, MI 48040
      View Details
    • $334,900
      1,536 SF

      Prime Marysville Mixed-Use Building

      Profitable 1,536 SF Office, High Occupancy
      1705 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $600,000
      14,228 SF

      Marysville Industrial Space - Huge Potential

      Large industrial space, needs repairs, motivated seller.
      100 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $409,900
      1.28 Acres

      Marysville Industrial Property - 1.28 Acres

      Prime Marysville industrial land, excellent location.
      00 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $999,000
      10,000 SF

      Marysville Industrial Property

      Turn-key auto repair shop, 10,000 SF
      500 Huron Blvd, Marysville, MI 48040
      View Details
    • $179,900
      0.65 Acres

      Marysville Commercial Land - I-94 Access

      Prime Commercial Lot, I-94 Visibility, C-2 Zoning
      Gratiot Blvd, Marysville, MI 48040
      View Details
    • $179,900
      100 SF

      Marysville Industrial Land - I-94 Access

      Prime Industrial Lot, 0.65 Acres, C-2 Zoning
      00 Gratiot Blvd, Marysville, MI 48040
      View Details
    • $59,900
      100 SF

      Marysville Industrial Lot - Prime Location

      High-traffic, I-94 access, .46 acres.
      000 Gratiot Blvd, Marysville, MI 48040
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Freestanding commercial building with ample parking in Marysville, Michigan.
    Where is this medical office space located?
    The property is located at 1705 Gratiot Blvd Marysville, MI.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - High-traffic location on Gratiot Blvd.; - Abundant parking with parking lot; - Free-standing building
    (586) 996-4059
    Request Owner's contact information
    1705 Gratiot Blvd Marysville, MI 48040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1705 Gratiot Blvd
    Marysville, MI 48040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1705 Gratiot Blvd Marysville, MI 48040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Maria Mcguire
    Maria Mcguire
    Real Estate License ID: 6504242665
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!