Corner Retail Redevelopment
For Sale
$349,500
210 S Main St, Mount Clemens, MI 48043
Corner retail building on a 0.58-acre lot with GC zoning and two 10’x10’ grade level doors.
Property Size1,722 SF
Lot Size0.58 Acres
Price / SF$202.96
Days on Market169
Property Features for 210 S Main St
General Information
Standard status
Active
Size
1,722 SF
Lot size
0.58 Acres
Property subtype
Retail
Zoning
R-A
Warehouse & Industrial
Clear Height
11 ft
Drive-In Doors
2
Additional Details
Highway Access
Yes
Building Details
Building Size
1,722 SF
Year Built
1969
Listing Agency:
Burger & Company
Listed By:
Nicolo Burger · License #6506049079
(810) 224-8103
Source:
Cpix.resimplifi
Added: May 7
Changed: Oct 13
Last Checked: Oct 20 at 5:17PM
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 Burger & Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This corner retail property presents a redevelopment opportunity just outside downtown Mt. Clemens. The offering includes a 1,722 square foot building on a 0.58-acre lot, with 11’ clear height and two 10’ x 10’ grade level doors, providing flexible access for day-to-day operations.
The site is positioned at the intersection of Gratiot and Main Street, with quick access to I-94 and M-59. General Commercial (GC) zoning supports a variety of potential uses, making the property suitable for buyers evaluating adaptive reconfiguration or redevelopment plans.
The current improvements are highlighted by the clear height and grade level door configuration, with the corner location offering strong site presence for a wide range of retail or commercial concepts.
The site is positioned at the intersection of Gratiot and Main Street, with quick access to I-94 and M-59. General Commercial (GC) zoning supports a variety of potential uses, making the property suitable for buyers evaluating adaptive reconfiguration or redevelopment plans.
The current improvements are highlighted by the clear height and grade level door configuration, with the corner location offering strong site presence for a wide range of retail or commercial concepts.
Key Highlights
- 1,722 SF corner retail building on a 0.58‑acre lot
- GC (General Commercial) zoning allows for a variety of potential uses
- Two (2) 10' x 10' grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,729
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,580
$254.6K
Cap Rate 7%
$181,843
$181.8K
Cap Rate 9%
$141,433
$141.4K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$20.7K $12.00/SF
− Vacancy
−$2.5K −$1.44/SF
EGI
$18.2K $10.56/SF
− OpEx
−$5.5K −$3.17/SF
NOI
$12.7K $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%
$254,580
Cap Rate 7%
$181,843
Cap Rate 9%
$141,433
Alternative Uses
Best Use
Retail
$181.8K
$159.1K – $212.2K
NOI $12,729 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$322.4K
$282.1K – $376.1K
NOI $22,567 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
11 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
5,508 visits/mo
0.3 miles
Family Dollar
Shops & Services
2,157 visits/mo
0.1 miles
Demographics for 48043, MI
15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Petal & Twig Floral — 413 Esplanade St, Mt Clemens, MI 48043
- Courtyard Flowers — 39 macomb pl, mt clemens, mi 48043
- Flowers and More — Gratiot Ave, Mt Clemens, MI 48035
Frequently Asked Questions
What type of property is this?
Storefront property - Corner retail building on a 0.58-acre lot with GC zoning and two 10’x10’ grade level doors.
Where is this storefront property located?
The property is located at 210 S Main St Mount Clemens, MI.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 1,722 SF corner retail building on a 0.58‑acre lot; GC (General Commercial) zoning allows for a variety of potential uses; Two (2) 10' x 10' grade level doors
