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    311 Southbound Gratiot Ave Mount Clemens, MI 48043

    For Sale
    $325,000

    2,200 sq ft mixed-use building with high visibility.

    Lot size:
    0.21 Acres

    Property Features for 311 Southbound Gratiot Ave

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1983

    Source: 1st Choice Realty & Prop Mgmt Agent Greg Gagnon

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

    Overview

    Mixed-Use Building on Gratiot Avenue

    This 2,200 sq ft mixed-use building is located on a high-traffic corner lot on Gratiot Avenue. The property features a hip roof and includes three fully leased units, two of which are on month-to-month leases. There are 10 parking spaces available, along with a large rear lot. Situated next to the Clinton River, the property is located minutes from Downtown Mt. Clemens and the Macomb County Court buildings. The property is suitable for retail or office use and may be ideal for an attorney, accountant, or financial planner.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.882649
    Latitude
    42.585698

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    FAQs

    What type of property is this?
    Mixed-use property - 2,200 sq ft mixed-use building with high visibility.
    Where is this mixed-use property located?
    The property is located at 311 Southbound Gratiot Ave Mount Clemens, MI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - High-traffic corner lot location on Gratiot with **excellent visibility**.; - 2,200 sq ft mixed-use retail/office building.; - **Three fully leased units providing immediate cash flow.**
    (586) 419-9900
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    311 Southbound Gratiot Ave Mount Clemens, MI 48043
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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
    311 Southbound Gratiot Ave Mount Clemens, MI 48043
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