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    234 Gratiot Ave Mount Clemens, MI

    For Lease
    $1.00 SF/Yr

    Prime retail space available on Gratiot Ave in Mount Clemens.

    Property size:
    2,400 SF
    Lot size:
    2.98 Acres

    Property Features for 234 Gratiot Ave

    General Information

    Size
    2,400 SF
    Lot size
    2.98 Acres

    Source: Keystone Commercial Real Estate Agent Norman Abro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gratiot Avenue Retail Opportunity

    This property offers flexible leasing options with available spaces ranging from 1,200 to 2,400 square feet. Situated on Gratiot Avenue in Mount Clemens, Michigan, the building features storefronts designed for high visibility, attracting foot traffic, making it ideal for retail tenants. The property has a history of stable tenants. Ample parking and easy customer access are available. The location is near major attractions and amenities. Gratiot Plaza is located in a bustling area with a mix of retail and entertainment options. The downtown district, with its shops and dining, is nearby. Major roadways are easily accessible. Macomb Mall and Lake St. Clair are also in close proximity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8779754
    Latitude
    42.5972563

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    FAQs

    What type of property is this?
    Retail space - Prime retail space available on Gratiot Ave in Mount Clemens.
    Where is this retail space located?
    The property is located at 234 Gratiot Ave Mount Clemens, MI.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Gratiot Ave in Mount Clemens, MI, offering high visibility and foot traffic.; - Flexible leasing options available from 1,200-2,400 SF.; - History of secure, stable tenants.
    (248) 406-7117
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    Realmo Value Estimation

    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.

    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.

    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
    234 Gratiot Ave Mount Clemens, MI
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