Multi-Section Flex Retail
35850 Utica Road Clinton Township, MI 48035
35850 Utica Road, Clinton Township, MI, 48035
$1,050,000
For Sale
$1,050,000
Multi-use building with showroom, offices, restrooms, a 10' x 12' overhead door, and additional outside storage.
Property Size9,755 SF
Price / SF$107.64
Days on Market392
Property Features for 35850 Utica Road
General Information
- Standard status
- Active
- Size
- 9,755 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1971
Listing agency
RE/MAX First
(586) 307-4899
Listed by
Matthew Hanke · License #6501375089
(586) 307-4899
Source
Carolbollo
Added: Jun 26, 2025 Updated: Jul 21 at 5:38AM Checked: Jul 21 at 5:38AM
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 RE/MAX First
Investment Insights
Based on property information with market context.
This multi-use commercial building offers a four-part layout designed to support showroom, office, and warehouse-style operations. The front showroom is approximately 3,500 square feet and includes a separate inventory room with ample shelving. Two interior sections each come with offices and/or functional employee space, including restrooms and a furnished break room. The fourth section is approximately 3,800 square feet and features a 10' H x 12' W overhead door, with additional outside storage space located in the back lot.
The property is located in Clinton Township on Utica Road, just south of Moravian Drive, and is described as having ample parking. The building is zoned B3.
Recent upgrades include a newer roof, newer furnaces with A/C, and newer electrical. A modified gross lease is also available.
The property is located in Clinton Township on Utica Road, just south of Moravian Drive, and is described as having ample parking. The building is zoned B3.
Recent upgrades include a newer roof, newer furnaces with A/C, and newer electrical. A modified gross lease is also available.
Key Highlights
- Multi‑use commercial building built in 1971 with 9,755 sq. ft. zoned B3 in Clinton Twp.
- Located on Utica Rd just south of Moravian Drive with ample on‑site parking.
- Front showroom is approx. 3,500 sq. ft., plus a separate inventory room with ample shelving.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.1k | $12.00 |
| − Vacancy | −$14.0k | −$1.44 |
| EGI | $103.0k | $10.56 |
| − OpEx | −$30.9k | −$3.17 |
| NOI | $72.1k | $7.39 |
9,755 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.58M
$1.38M – $1.85M
NOI $110,795 @ 7.0% cap · market cap 10.55%
Second Best
Retail
$1.03M
$901.4K – $1.20M
NOI $72,109 @ 7.0% cap · market cap 6.87%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $127,840 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-use building with showroom, offices, restrooms, a 10' x 12' overhead door, and additional outside storage.
Where is this flex space located?
The property is located at 35850 Utica Road Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Multi‑use commercial building built in 1971 with 9,755 sq. ft. zoned B3 in Clinton Twp.; Located on Utica Rd just south of Moravian Drive with ample on‑site parking.; Front showroom is approx. 3,500 sq. ft., plus a separate inventory room with ample shelving.
