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    234 Gratiot Ave Mount Clemens, MI 48043

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Mt. Clemens Retail Strip Center

    Lot size:
    22,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 22,300 square feet of space in a two-story strip center located at 234 Gratiot Ave, Mt. Clemens, MI 48043. The property offers multiple tenancy options, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,200 square feet. Currently, 2,400 square feet is available for lease. Ideal for a variety of retail businesses, the available space includes a former pharmacy and barber shop, offering unique possibilities for adaptive reuse. The building's location in the vibrant city of Mount Clemens provides excellent visibility and accessibility for customers. The property's convenient location and flexible space options make it an attractive investment for businesses seeking a strong presence in a thriving community. The total building size is substantial, allowing for expansion or consolidation depending on the tenant's needs. With its prime location and adaptable spaces, this property is poised for success. Interested parties should inquire about the available spaces and lease terms. The address is easily accessible and offers ample parking for customers and employees. This is a rare opportunity to secure retail space in a desirable location.

    Property Features for 234 Gratiot Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,300 SF
    Total Rate
    33450

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Former Barber Shop
    Size
    6,500 SF
    Space
    Available Space 2
    Size
    6,500 SF
    Rate per SF
    $18
    Space
    Available Space 1
    Size
    6,500 SF
    Space
    Former Pharmacy
    Size
    6,500 SF

    HighLights

    • 22,300 square foot, two‑story retail strip center at 234 Gratiot Ave, Mt. Clemens, MI 48043.
    • Multiple tenancy options, minimum 1,200 sq ft, maximum contiguous 1,200 sq ft. Currently, 2,400 sq ft available.
    • Former pharmacy and barber shop spaces available for adaptive reuse.
    • Excellent visibility and accessibility in vibrant Mt. Clemens.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8826701
    Latitude
    42.5893655

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Mt. Clemens Retail Strip Center
    Where is this neighborhood center located?
    The property is located at 234 Gratiot Ave Mount Clemens, MI.
    What is the lease rate?
    The lease rate is $0.00-$18 SF/Yr.
    What are key features of this property?
    This property features: 22,300 square foot, two-story retail strip center at 234 Gratiot Ave, Mt. Clemens, MI 48043.; Multiple tenancy options, minimum 1,200 sq ft, maximum contiguous 1,200 sq ft. Currently, 2,400 sq ft available.; Former pharmacy and barber shop spaces available for adaptive reuse.
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    234 Gratiot Ave Mount Clemens, MI 48043
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    Mount Clemens, MI 48043
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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
    234 Gratiot Ave Mount Clemens, MI 48043
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