Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated Professional Office Building Title is generated by Realmo AI

    10 S Main Street, Mount Clemens, MI 48043

    View on Map
    Claim this Listing
    For Lease
    $1,974/Mo $16 SF/Yr (calc)

    COMMERCIAL - Mount Clemens, MI

    Property size:
    1,398 SF
    Lot size:
    0.62 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    402
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for 10 S Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    05-11-14-252-031
    Size
    1,398 SF
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1980
    Roof type
    Flat

    We can help!

    Listing Contact
    Anthony Rubino
    Anthony Rubino

    Listing agent Anthony Rubino License #6502425251

    Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI

    Listing date Apr 29, 2025

    MLS# 50172901

    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.

    HighLights

    • Renovated in 2018
    • Professional office building with public remarks noting walkability to downtown County and Court buildings
    • Built in 1980
    • Forced air heating
    • Flat roof
    • Parking lot parking and public water source

    Overview

    This professionally managed office building was renovated in 2018 and is currently offered for rent. The property includes a total area of 1,398 square feet and sits on a 0.62-acre lot. The layout and building improvements support a straightforward office use for tenants looking for a manageable, maintained workspace.

    Located at 10 S Main Street in Mount Clemens, the building is described as walkable to downtown amenities and within walking distance of County and Court buildings. Access is centered around the Main Street frontage, making it convenient for day-to-day operations and in-person appointments.

    For tenants and operators seeking an office setting with recent renovations and professional on-site management, this property offers a practical footprint in a downtown setting. Its proximity to county and court facilities may be particularly appealing for office users that regularly serve clients who travel for administrative or legal purposes. As presented, the offering is focused on providing a renovated, professionally managed office environment in a walkable business area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.879061
    Latitude
    42.596549

    Nearby Similar for Lease

    • $950/Mo
      750 SF

      Office Suite with Reception and Offices

      Professional suite with reception and two private offices, plus on-site parking and utilities included, near municipal offices.
      148 S Main Street, Mount Clemens, MI 48043
      View Details
    • $2,500/Mo
      1,500 SF

      Groesbeck Highway Shop for Rent

      1500 SF shop ideal for detailing, tint, or wrap.
      163 Groesbeck Hwy, Mount Clemens, MI 48043
      View Details
    • $700/Mo

      Mount Clemens Mixed-Use Office Space

      Mixed-use commercial and office space with high traffic exposure.
      311 SOUTHBOUND GRATIOT Ave Suite "A", Mount Clemens, MI 48043
      View Details
    • $950/Mo

      Professional Office Space in Mt. Clemens

      Office suite near municipal buildings and thriving restaurants for lease.
      148 S Main St, Mount Clemens, MI 48043
      View Details
    • $5,000/Mo

      Turnkey Auto Shop Opportunity

      Ready-to-operate auto shop with equipment in place.
      161 Groesbeck Hwy, Mount Clemens, MI 48043
      View Details
    • $12 SF/Yr

      High-Visibility Corner Retail Building

      Three-unit retail building offers flexible C-1 zoning, individual leasing opportunities, and substantial on-site private parking.
      1216 S. Gratiot Ave, Mount Clemens, MI 48043
      View Details
    • $1.00 SF/Yr
      2,400 SF

      Gratiot Avenue Retail Opportunity

      Prime retail space available on Gratiot Ave in Mount Clemens.
      234 Gratiot Ave, Mount Clemens, MI
      View Details
    • $1,974/Mo

      Downtown Mount Clemens Office Space

      Professionally managed office building in walkable downtown location.
      10 S Main St, Mount Clemens, MI 48043
      View Details
    • $5 SF/Yr
      103,288 SF

      Mount Clemens Warehouse Space Available

      Sublease opportunity in Mount Clemens through August 1, 2030.
      151 Lafayette St, Mount Clemens, MI
      View Details
    • $14 SF/Yr
      7,165 SF

      Mount Clemens Office/Retail Space

      Office and retail spaces available in Mount Clemens, Michigan.
      75 N River Rd, Mount Clemens, MI 48043
      View Details
    • $29 SF/Yr
      11,948 SF

      Retail Spaces on N. Groesbeck

      New retail spaces available with high traffic and visibility.
      60 N Groesbeck Hwy, Mt Clemens, MI 48043
      View Details
    • $12 SF/Yr

      Retail Space for Lease

      Retail space available for lease in Mt Clemens, MI.
      35 N Walnut St, Mt Clemens, MI 48043
      View Details

    FAQs

    What type of property is this?
    Office building - Renovated office building professionally managed, within walking distance of county and court facilities downtown.
    Where is this office building located?
    The property is located at 10 S Main Street Mount Clemens, MI.
    What is the lease rate?
    The lease rate is $1,974 /Mo.
    What are key features of this property?
    This property features: Renovated in 2018; Professional office building with public remarks noting walkability to downtown County and Court buildings; Built in 1980
    (586) 873-5419
    We can help!
    Listing Contact
    Anthony Rubino
    Anthony Rubino
    Real Estate License ID: 6502425251
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    10 S Main Street, Mount Clemens, MI 48043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!