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    29350 Harper Ave St. Clair Shores, MI 48081

    Sponsored
    For Sale
    $650,000

    St. Clair Shores Office, 5,627 SF, $650K

    Property size:
    5,627 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,627 square foot executive office building, located at 29350 Harper Avenue in St. Clair Shores, Michigan, presents a compelling investment opportunity. Built in 1974 and situated on a 0.25-acre lot (APN 09-14-15-203-001), this single-tenant property boasts a long-term lease with Family Eye Care, extending through 2029, providing immediate rental income. The building features ample parking with 5 spaces and is zoned B-3. Recent upgrades within the last five years include a new roof, updated mechanical systems, and new windows, ensuring efficient and cost-effective operation. The asking price is $650,000, offering a strong return on investment. The property is well-maintained and presents a perfect owner-user opportunity, allowing for the combination of occupancy and rental income generation. This is a rare opportunity to acquire a stable, income-producing asset in a desirable location. The lease is a NNN lease.

    Property Features for 29350 Harper Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,627 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1974

    HighLights

    • ±5,600 SF commercial building for sale or lease in St. Clair Shores.
    • ±2,367 SF immediately available for lease.
    • Owner‑user opportunity with existing rental income.
    • Long‑term lease in place with Family Eye Care, extending to 2029.
    • Recently renovated with new roof, mechanical systems, and windows (within the last 5 years).
    • Seller/landlord highly motivated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Eye Care ... Optometrist Junker Cheryl A OD Optometrist Dimension Streetboards Security Guard Service Michael Breza Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Clair Shores
    County
    Macomb
    State
    Michigan
    Longitude
    -82.897769
    Latitude
    42.509318

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    FAQs

    What type of property is this?
    Office Property / Space - St. Clair Shores Office, 5,627 SF, $650K
    Where is this office property / space located?
    The property is located at 29350 Harper Ave St. Clair Shores, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: ±5,600 SF commercial building for sale or lease in St. Clair Shores.; ±2,367 SF immediately available for lease.; Owner-user opportunity with existing rental income.
    (248) 848-4089
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    29350 Harper Ave St. Clair Shores, MI 48081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29350 Harper Ave St. Clair Shores, MI 48081
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