Building Details

Year Built 1965

Listing Agency: Pilot Property Group - Residential LLC Show Phone

Listed By: Anthony Rubino · License #6502425251 Show Phone

Source: Jabachler

Added: Sep 23, 2024 Changed: Oct 27 Last Checked: Oct 31 at 5:18AM

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Investment Insights

Based on property information with market context.

This office building at 289 Southbound Gratiot in Mount Clemens was built in 1965 and has undergone recent rehabilitation. Its position provides access to both northbound and southbound Gratiot traffic.

Key Highlights

• Recent rehabilitation of the building
• Access to northbound and southbound Gratiot
• Built in 1965

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Hair Salon Nail Salon Skin Care Clinic Bakery Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - The Mount Clemens property provides access to both directions of Gratiot.

Where is this office building located?

The property is located at 289 Southbound Gratiot Mount Clemens, MI.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Recent rehabilitation of the building; Access to northbound and southbound Gratiot; Built in 1965