Flexible Storefront
For Sale
Contact for pricing
17016 25 Mile Road, Macomb, MI 48042
Commercial storefront space that can accommodate multiple smaller retail configurations along 25 Mile Road.
Property Size6,000 SF
Price / SF$0.52
Days on Market51
Property Features for 17016 25 Mile Road
General Information
Standard status
Active
Size
6,000 SF
Zoning
C-1/ O-1
Building Details
Tenancy
Multi
Listing Agency:
Pilot Property Group - Residential LLC
Listed By:
Boyd C. Kraft · License #6501076461
(586) 873-5419
Source:
Jimdehaan
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 8:30AM
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 Pilot Property Group - Residential LLC
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Investment Insights
Based on property information with market context.
This storefront property offers 6,000 square feet of available commercial space with a flexible layout that can be divided into as many as four units. Each planned unit would measure approximately 1,500 square feet, supporting a range of smaller retail or storefront configurations.
The property is located at 17016 25 Mile Road in Macomb, Michigan. The available use designations are identified as C-1 and O-1, providing a defined framework for evaluating prospective occupancy and site use.
The property is located at 17016 25 Mile Road in Macomb, Michigan. The available use designations are identified as C-1 and O-1, providing a defined framework for evaluating prospective occupancy and site use.
Key Highlights
- 6,000 square feet of available storefront space
- Up to 4 units available
- Potential 1,500‑square‑foot unit configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,352
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,040
$887.0K
Cap Rate 7%
$633,600
$633.6K
Cap Rate 9%
$492,800
$492.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$72.0K $12.00/SF
− Vacancy
−$8.6K −$1.44/SF
EGI
$63.4K $10.56/SF
− OpEx
−$19.0K −$3.17/SF
NOI
$44.4K $7.39/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,040
Cap Rate 7%
$633,600
Cap Rate 9%
$492,800
Alternative Uses
Best Use
Retail
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 1,419.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$982.9K – $1.31M
NOI $78,631 @ 7.0% cap · market cap 2,516.19%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48042, MI
33,398
Population
12,067
Households
2.8
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
22.8 sq mi
ZIP Area
1,465
Density / Sq Mi
$125,433
Median Household Income
$61,261
Median Earnings
$1,569
Median Rent
$374,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront space that can accommodate multiple smaller retail configurations along 25 Mile Road.
Where is this storefront property located?
The property is located at 17016 25 Mile Road Macomb, MI.
What are key features of this property?
This property features: 6,000 square feet of available storefront space; Up to 4 units available; Potential 1,500‑square‑foot unit configuration
