Renovated Storefront Retail
21396 Cass Avenue, Clinton Township, MI 48036
For Sale
$550,000
COM/IND/BUS OPP, Clinton Township, MI
Property Size2,760 SF
Lot Size0.19 Acres
Price / SF$199.28
Days on Market47
Property Features for 21396 Cass Avenue
General Information
Property type
Property subtype
Zoning description
Subdivision
Lot features
Standard status
APN
Size
Lot size
Utilities
Heating system
Water source
Building Details
Year built
Roof type
Listing Agency:
Pilot Property Group - Residential LLC
(586) 254-0900
Listed By:
Anthony Rubino · License MI #6502425251
(586) 873-5419
Added: Sep 24
Changed: Oct 8
Last Checked: Nov 9 at 10:06PM
MLS# 50222827
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,760-square-foot storefront property occupies a 0.19-acre parcel and contains renovated units with open floor plans and 14-foot exposed ceilings. Commercial zoning allows a variety of uses, and the building dates to 1989.
The property is on Cass Avenue in Clinton Township, next to Dunkin’ Donuts and near national retail tenants. Public water serves the site.
The property is on Cass Avenue in Clinton Township, next to Dunkin’ Donuts and near national retail tenants. Public water serves the site.
Key Highlights
- 2,760 square feet on a 0.19‑acre parcel
- Renovated units with open floor plans
- 14‑foot exposed ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,402
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,040
$408.0K
Cap Rate 7%
$291,457
$291.5K
Cap Rate 9%
$226,689
$226.7K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$33.1K $12.00/SF
− Vacancy
−$4.0K −$1.44/SF
EGI
$29.1K $10.56/SF
− OpEx
−$8.7K −$3.17/SF
NOI
$20.4K $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%
$408,040
Cap Rate 7%
$291,457
Cap Rate 9%
$226,689
Alternative Uses
Best Use
Retail
$291.5K
$255.0K – $340.0K
NOI $20,402 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$516.7K
$452.1K – $602.8K
NOI $36,170 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
252k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 36%
Shops & Services 20%
Electronics 3%
Meijer
Groceries
78,391 visits/mo
0.2 miles
Aldi
Groceries
20,088 visits/mo
0.5 miles
Meijer Gas Station
Shops & Services
19,917 visits/mo
0.2 miles
McDonald's
Dining
19,042 visits/mo
0.2 miles
Taco Bell
Dining
12,729 visits/mo
0.1 miles
Demographics for 48036, MI
22,517
Population
9,855
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,713
Density / Sq Mi
$65,109
Median Household Income
$36,730
Median Earnings
$1,018
Median Rent
$201,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Macomb County, MI
Properties on Market for Storefront properties in Macomb County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial zoning and open interior layouts support a range of business uses.
Where is this storefront property located?
The property is located at 21396 Cass Avenue Clinton Township, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,760 square feet on a 0.19‑acre parcel; Renovated units with open floor plans; 14‑foot exposed ceilings
