Two-Building Office
For Sale
Contact for pricing
22725 Greater Mack Ave, St Clair Shores, MI 48080
Two professional buildings with on-site parking and O-1 zoning.
Property Size14,039 SF
Lot Size1.00 Acre
Price / SF$80.13
Days on Market594
Property Features for 22725 Greater Mack Ave
General Information
Standard status
Active
Size
14,039 SF
Class
C
Total Parking Spaces
59
Lot size
1.00 Acre
Property subtype
Mixed Use, Office, Retail
Zoning
O-1
Additional Details
Land Use
office, retail, mixed-use
Building Details
Year Built
1967
Year Renovated
1975
Buildings
2
Stories
2
Listing Agency:
Signature Associates
Listed By:
ANATOLA SESI · License #6501444197
(248) 882-0506
Source:
Crexi
Added: Mar 1, 2025
Changed: Oct 3
Last Checked: Oct 16 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property includes two professional buildings measuring 8,000 square feet and 6,039 square feet, totaling 14,039 square feet. Constructed in 1967, the buildings offer ample on-site parking for occupants and visitors.
Approximately 1.00 acre is identified for redevelopment, with potential for conversion to retail or mixed-use. The property is zoned O-1 and is within walking distance of restaurants and a shopping district at 22725 Greater Mack Ave in Saint Clair Shores, Michigan.
Approximately 1.00 acre is identified for redevelopment, with potential for conversion to retail or mixed-use. The property is zoned O-1 and is within walking distance of restaurants and a shopping district at 22725 Greater Mack Ave in Saint Clair Shores, Michigan.
Key Highlights
- Two office buildings measuring 8,000 sq. ft. and 6,039 sq. ft.
- Combined building area of 14,039 square feet
- Approximately 1.00 acre available for redevelopment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,329
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,580
$966.6K
Cap Rate 7%
$690,414
$690.4K
Cap Rate 9%
$536,989
$537.0K
Market Conditions
NOI Build-Up for 14,039 SF
Gross rent
$84.2K $6.00/SF
− Vacancy
−$19.8K −$1.41/SF
EGI
$64.4K $4.59/SF
− OpEx
−$16.1K −$1.15/SF
NOI
$48.3K $3.44/SF
Area
Macomb County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,580
Cap Rate 7%
$690,414
Cap Rate 9%
$536,989
Alternative Uses
Best Use
Office B
$690.4K
$604.1K – $805.5K
NOI $48,329 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.63M
$2.30M – $3.07M
NOI $183,983 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 48080, MI
22,272
Population
11,424
Households
1.9
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
5,062
Density / Sq Mi
$69,884
Median Household Income
$48,837
Median Earnings
$1,070
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two professional buildings with on-site parking and O-1 zoning.
Where is this office building located?
The property is located at 22725 Greater Mack Ave St Clair Shores, MI.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two office buildings measuring 8,000 sq. ft. and 6,039 sq. ft.; Combined building area of 14,039 square feet; Approximately 1.00 acre available for redevelopment
