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Retail Space on Groesbeck Highway
For Sale
$2,555,000

40287 South Groesbeck Highway, Clinton Township, MI 48036

Retail space available for sale on South Groesbeck Highway.

Property Size2,325 SF
Price / SF$1,098
Days on Market150

Property Features for 40287 South Groesbeck Highway

General Information

Standard status Active
Size 2,325 SF
Property subtype Retail
Listing Agency:
Listed By: Dave Hesano
Source: Cbre
Added: Mar 25 Changed: Aug 17 Last Checked: Aug 20 at 6:56AM

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 Dave Hesano

Investment Insights

Based on property information with market context.

This commercial real estate property, suitable for retail use, is available for sale. The property offers 2,325 square feet of space and is located on South Groesbeck Highway.

Key Highlights

  • Retail space available for sale
  • Located on South Groesbeck Highway

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon 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

726
Businesses Nearby
203k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Dining 29% Shops & Services 18% Electronics 2%
Meijer Groceries
78,391 visits/mo 0.3 miles
Aldi Groceries
20,088 visits/mo 0.0 miles
Meijer Gas Station Shops & Services
19,917 visits/mo 0.3 miles
SONIC Drive In Dining
11,959 visits/mo 0.2 miles
Starbucks Dining
11,520 visits/mo 0.3 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for sale on South Groesbeck Highway.
Where is this retail space located?
The property is located at 40287 South Groesbeck Highway Clinton Township, MI.
What is the asking price?
The asking price for this property is $2,555,000.
What are key features of this property?
This property features: Retail space available for sale; Located on South Groesbeck Highway
More about this property
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