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    69055 Main St Richmond, MI 48062

    Sponsored
    For Lease
    $15 SF/Yr ($3,407 /Mo)

    Free-standing retail with drive-thru.

    Lot size:
    2,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,726 square foot free-standing retail building, located at 69055 North Main Street in Richmond, Michigan, presents a unique investment opportunity. Built in 1980 and situated on a 1.03-acre lot, the property boasts ample parking with 33 spaces. The building is currently vacant, offering a blank canvas for a new tenant to customize. Its B-2 zoning allows for a variety of retail uses. The convenient single-tenant occupancy eliminates the complexities of multi-tenant management. The property's prominent location on North Main Street ensures high visibility and accessibility for customers. The inclusion of a drive-through adds significant operational flexibility and convenience, particularly appealing to businesses in the food service, banking, or pharmacy sectors. The property's parcel number is 07-03-35-485-009 within Macomb County. This is an ideal opportunity for a business seeking a well-located, spacious, and versatile retail space in a thriving community. The property's size and features make it suitable for a wide range of retail concepts. The ample parking ensures customer convenience, while the drive-through adds a significant competitive advantage. This property is ready for immediate occupancy. The zip code is 48062.

    Property Features for 69055 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,726 SF
    Total Rate
    3407.5

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,726 SF
    Rate per SF
    $15

    HighLights

    • 2,726 SF free‑standing retail building with drive‑thru on 1.03‑acre lot in Richmond, MI.
    • Ample parking (33 spaces).
    • High visibility location on North Main Street.
    • Excellent condition, ready for immediate occupancy.
    • Aggressive lease rate.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Macomb
    State
    Michigan
    Longitude
    -82.7570057
    Latitude
    42.8097399

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    Nearby Similar for Lease

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      Richmond Retail/Warehouse Opportunity

      81,000 SF retail or warehouse space for lease.
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    FAQs

    What type of property is this?
    Retail property - Free-standing retail with drive-thru.
    Where is this retail property located?
    The property is located at 69055 Main St Richmond, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,726 SF free-standing retail building with drive-thru on 1.03-acre lot in Richmond, MI.; Ample parking (33 spaces).; High visibility location on North Main Street.
    Request Owner's contact information
    69055 Main St Richmond, MI 48062
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    Richmond, MI 48062
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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
    69055 Main St Richmond, MI 48062
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