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    95 Groesbeck Hwy Mount Clemens, MI 48043

    Sponsored
    For Sale
    $450,000

    Freestanding building, 4,000 sq ft, vacant.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional freestanding retail property, located at 95 N Groesbeck Hwy in Mt. Clemens, Michigan, presents a remarkable investment opportunity. Boasting 4,000 square feet of space on a 0.17-acre lot, this vacant building is zoned GC - General Commercial, offering a wide range of potential uses. Previously operated as a bakery/restaurant, the property includes existing equipment, providing a head start for a new business. Its highly visible location on Groesbeck Highway, with additional access from Cass Avenue, ensures significant exposure to high traffic counts. The property benefits from its close proximity to I-94 and Hall Road, two major thoroughfares providing easy access for customers and employees. The asking price is $450,000. This prime location in Macomb County, with its 48043 zip code, offers an unparalleled chance to establish or relocate a thriving business. The property's size and zoning make it suitable for a variety of commercial ventures. Don't miss this chance to own a well-situated, versatile commercial space in a bustling area.

    Property Features for 95 Groesbeck Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,000 SF
    Lot Size
    7,405 SF

    HighLights

    • $450,000 asking price for a vacant freestanding retail building.
    • 4,000 square feet on a 0.17‑acre lot in Mount Clemens, MI.
    • General Commercial (GC) zoning.
    • Former bakery/restaurant with equipment included.
    • High visibility location with access from Cass Ave and Groesbeck Hwy, near I‑94 and Hall Rd, boasting high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    Mount Clemens
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9002624
    Latitude
    42.5996851

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding building, 4,000 sq ft, vacant.
    Where is this individual retail property located?
    The property is located at 95 Groesbeck Hwy Mount Clemens, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for a vacant freestanding retail building.; 4,000 square feet on a 0.17-acre lot in Mount Clemens, MI.; General Commercial (GC) zoning.
    Request Owner's contact information
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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
    95 Groesbeck Hwy Mount Clemens, MI 48043
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