Mixed-Use Building with
7255 Wildcat Road, Grant, MI 48032
For Sale
$239,900
Pending
COM/IND/BUS OPP, Grant, MI
Property Size2,784 SF
Lot Size0.84 Acres
Days on Market149
Property Features for 7255 Wildcat Road
General Information
Property type
Property subtype
Rooms
Patio and Porch features
Exterior features
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Roof type
Listing Agency:
RE/MAX First · RE/MAX International
(586) 792-8000
Listed By:
Gregory Rogers · License MI #180167
(586) 536-3642
Added: Jun 15
Changed: Oct 27
Last Checked: Nov 10 at 6:06PM
MLS# 50211413
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 mixed-use property contains 2,784 square feet, with a three-bedroom apartment on the upper level. The building dates to 1900 and includes a basement, a patio, forced-air heat, and central air conditioning. The 0.84-acre parcel is served by a private water source.
Key Highlights
- 2,784‑square‑foot mixed‑use property on 0.84 acres
- Three‑bedroom apartment occupies the upper level
- Built in 1900; includes a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,210
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,200
$384.2K
Cap Rate 7%
$274,429
$274.4K
Cap Rate 9%
$213,444
$213.4K
Market Conditions
NOI Build-Up for 2,784 SF
Gross rent
$33.4K $12.00/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$30.7K $11.04/SF
− OpEx
−$11.5K −$4.14/SF
NOI
$19.2K $6.90/SF
Area
St. Clair County, MI
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,200
Cap Rate 7%
$274,429
Cap Rate 9%
$213,444
Alternative Uses
Best Use
Specialty Retail
$550.8K
$482.0K – $642.7K
NOI $38,559 @ 7.0% cap · market cap 16.07%
Second Best
Retail
$514.1K
$449.9K – $599.8K
NOI $35,989 @ 7.0% cap · market cap 15.00%
Theoretical Best
Multifamily LT 5
$2.09M
$1.83M – $2.44M
NOI $146,504 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 48032, MI
2,193
Population
802
Households
2.7
Avg Household Size
45
Median Age
17%
College-Educated
90%
High-School Grad
36.9 sq mi
ZIP Area
59
Density / Sq Mi
$89,000
Median Household Income
$40,906
Median Earnings
$1,017
Median Rent
$239,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs three-bedroom apartment complements the building’s commercial space.
Where is this mixed-use property located?
The property is located at 7255 Wildcat Road Grant, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2,784‑square‑foot mixed‑use property on 0.84 acres; Three‑bedroom apartment occupies the upper level; Built in 1900; includes a basement
