Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    17266 Mack Ave Grosse Pointe, MI 48230

    Sponsored
    For Sale
    $749,000

    High-Cap Rate Office Building, 3604 SF

    Property size:
    3,604 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional single-story executive office building, located at 17266 Mack Avenue in Grosse Pointe, Michigan, presents a compelling investment opportunity. Boasting 3,604 square feet, the property offers a desirable location in Wayne County, with convenient access to amenities and infrastructure. Built in 2004, the building is classified as Class C and sits on a 0.12-acre lot, zoned R-01. The asking price is $749,000, translating to a price per square foot of $207.82 and an attractive 8.50% capitalization rate. Ample parking is provided, with a ratio of 3.61 spaces per 1,000 square feet. The property's strategic location directly adjacent to the newly constructed City Hall adds significant value and potential for future growth. Detailed financial information is available upon request. The property's APN is 37-003-02-0001-001. This presents a rare chance to acquire a well-situated, income-producing asset in a thriving Grosse Pointe community. The building currently operates as a two-tenant office space.

    Property Features for 17266 Mack Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,604 SF
    Class
    C
    Lot Size
    5,227 SF

    Building Details

    Year Built
    2004
    Stories
    1

    HighLights

    • 8.5% CAP Rate.
    • 2004 Construction.
    • Excellent Mack Avenue location.
    • Adjacent to new City Hall.
    • Financial details available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grosse Pointe
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9206998
    Latitude
    42.3962163

    Nearby Comparable

    • $749,000
      3,604 SF

      Grosse Pointe Office Building For Sale

      Office building constructed in 2004, located on Mack Ave.
      17266 Mack Ave, Grosse Pointe, MI 48230
      View Details
    • $65,000
      1,818 SF

      Detroit Duplex with Garage

      Duplex near Mack Avenue with detached two-car garage.
      3606 Cadieux Rd, Detroit, MI 48224
      View Details
    • $490,000

      Village Duplex with Four-Car Garage

      Spacious duplex near shops, restaurants, and Maire Elementary.
      674 Neff Rd, Grosse Pointe, MI 48230
      View Details
    • $490,000
      3,000 SF

      Grosse Pointe Duplex Near Village

      Duplex near shopping, dining, and schools in Grosse Pointe.
      674 Neff Ave, Grosse Pointe, MI 48230
      View Details
    • $129,900

      East English Village Brick Duplex

      Move-in ready duplex with spacious units and fenced backyard.
      4522 Hereford St, Detroit, MI 48224
      View Details
    • $230,000
      2,370 SF

      Renovated Duplex Near East Village

      Fully renovated duplex with income potential near East English Village.
      17173 Ontario St, Detroit, MI 48224
      View Details
    • $465,000
      2,467 SF

      Grosse Pointe Two-Family Investment Property

      Two-unit property in a desirable location with income potential.
      497 Neff Ave, Grosse Pointe, MI 48230
      View Details
    • $104,900

      11.42 Acres of Rural Land

      11.42-acre property perfect for building or agriculture.
      000 Fisher Rd, Avoca, MI 48006
      View Details
    • $239,999

      East English Village Brick Duplex

      Well-maintained duplex in a desirable Detroit neighborhood.
      4850 Grayton St, Detroit, MI 48224
      View Details
    • $79,900

      Prime Commercial Property on Warren

      Commercial property with high visibility and unlimited potential.
      17156 E Warren Ave, Detroit, MI 48224
      View Details
    • $340,000

      Commercial Land Available For Sale

      Commercial land for sale in Detroit, Michigan.
      17188 E Warren Ave, Detroit, MI 48224
      View Details
    • $239,999

      Detroit Land Opportunity

      Land available in Detroit for redevelopment.
      4865-67 Grayton St, Detroit, MI 48224
      View Details

    Nearby Similar for Sale

    • $369,900
      2,086 SF

      Grosse Pointe Two-Family Income Property

      Well-maintained two-family property in Grosse Pointe, ideal for rental income.
      1306-1308 Beaconsfield St, Grosse Pointe, MI 48230
      View Details
    • $490,000
      3,000 SF

      Grosse Pointe Duplex Near Village

      Duplex near shopping, dining, and schools in Grosse Pointe.
      674 Neff Ave, Grosse Pointe, MI 48230
      View Details
    • $465,000
      2,467 SF

      Grosse Pointe Two-Family Investment Property

      Two-unit property in a desirable location with income potential.
      497 Neff Ave, Grosse Pointe, MI 48230
      View Details
    • $400,000
      2,196 SF

      Grosse Pointe Duplex with Updates

      Updated duplex in Grosse Pointe City near waterfront park.
      296-298 Rivard St, Grosse Pointe, MI 48230
      View Details
    • $400,000

      Grosse Pointe Duplex with Updates

      Updated duplex in Grosse Pointe City near waterfront park.
      296-298 Rivard Blvd, Grosse Pointe, MI 48230
      View Details
    • $490,000

      Village Duplex with Four-Car Garage

      Spacious duplex near shops, restaurants, and Maire Elementary.
      674 Neff Rd, Grosse Pointe, MI 48230
      View Details
    • $2,666,800
      8,584 SF

      Grosse Pointe Woods Storefront Property

      Renovated storefront on Mack Avenue with parking and full lease.
      19853 Mack Ave, Grosse Pointe, MI 48236
      View Details
    • $749,000
      3,604 SF

      Grosse Pointe Office Building For Sale

      Office building constructed in 2004, located on Mack Ave.
      17266 Mack Ave, Grosse Pointe, MI 48230
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - High-Cap Rate Office Building, 3604 SF
    Where is this office property / space located?
    The property is located at 17266 Mack Ave Grosse Pointe, MI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: 8.5% CAP Rate.; 2004 Construction.; Excellent Mack Avenue location.
    (248) 476-3700
    Request Owner's contact information
    17266 Mack Ave Grosse Pointe, MI 48230
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17266 Mack Ave
    Grosse Pointe, MI 48230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    17266 Mack Ave Grosse Pointe, MI 48230
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.