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    8840 Macomb St Grosse Ile Township, MI 48138

    For Sale
    $437,750

    4,800 SF Retail Building, Excellent Location

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4,800-square-foot retail property, located at 8840 Macomb Street in Grosse Ile Township, Michigan, presents a compelling investment opportunity. The single-story building sits on a 0.56-acre lot (APN 73029010032000) and boasts 46 parking spaces, ensuring ample customer convenience. The property is zoned MSD and features a 12-foot ceiling height, providing versatile space for a variety of retail uses. Recently updated, the building includes a functional kitchen hood system, ideal for food-related businesses or those requiring specialized ventilation. Its prime location near a Kroger grocery store offers high visibility and accessibility. The asking price is $437,750, translating to $91.20 per square foot. Building signage is available, enhancing marketing potential. Lease options are available at a rate of $10.00 per square foot, NNN. This property is a turnkey solution for a discerning buyer or tenant seeking a well-maintained, conveniently located retail space in a thriving community. The property's size, parking, and location make it an attractive option for a wide range of businesses.

    Property Features for 8840 Macomb St

    General Information

    Property type
    Retail properties
    Square Feet
    4,800 SF
    Lot Size
    24,394 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 4,800 square feet of available space
    • 12‑foot ceiling height
    • 0.90‑acre lot
    • MSD zoning
    • 46 parking spaces
    • Building signage permitted
    Property Profile Insight Report 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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grosse Ile Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1549753
    Latitude
    42.130937

    Nearby Comparable

    • $500,000

      Versatile Commercial Property in Grosse Ile

      Retail, office, and industrial spaces with ample parking.
      8604 Macomb St, Grosse Ile, MI 48138
      View Details
    • $395,000

      Former Convent Multifamily Conversion Opportunity

      Former convent for multifamily, senior living, or single-family conversion.
      21599 Parke Ln Ln, Grosse Ile, MI 48138
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    • Contact for pricing
      2,088 SF

      Island Coney Restaurant: Turnkey Opportunity

      Established Restaurant, Grosse Ile, MI
      8200 Macomb St, Grosse Ile Township, MI 48138
      View Details
    • $60,000

      Land for Sale

      Land available for purchase.
      Golfview Dr, Grosse Ile, MI 48138
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      2,088 SF

      Island Coney Restaurant: Turnkey Opportunity

      Established Restaurant, Grosse Ile, MI
      8200 Macomb St, Grosse Ile Township, MI 48138
      View Details

    FAQs

    What type of property is this?
    Retail property - 4,800 SF Retail Building, Excellent Location
    Where is this retail property located?
    The property is located at 8840 Macomb St Grosse Ile Township, MI.
    What is the asking price?
    The asking price for this property is $437,750.
    What are key features of this property?
    This property features: 4,800 square feet of available space; 12-foot ceiling height; 0.90-acre lot
    (248) 799-3143
    Request Owner's contact information
    8840 Macomb St Grosse Ile Township, MI 48138
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    Grosse Ile Township, MI 48138
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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
    8840 Macomb St Grosse Ile Township, MI 48138
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