44905 Morley Dr Clinton Township, MI 48036
- Lifestyle centers
- 21,756 SF
- 2.90 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 44905 Morley Dr
- Lot size
- 2.90 lot acres
- Property size
- 21,756 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail investment opportunity presents a 21,756 square foot shopping center situated on a 2.9-acre lot at 44905 Morley Dr, Clinton Township, Michigan 48036. The property boasts a prominent location with Hall Road frontage, providing excellent visibility and accessibility. Currently operating at 56% occupancy, this multi-tenant property offers a diverse mix of uses, including a turn-key restaurant complete with fixtures, furniture, equipment (FF&E), and a readily transferable liquor license. A 2,444 square foot white box space is immediately available for lease, presenting a significant opportunity for additional income generation. The property is zoned B-2, allowing for a variety of commercial uses. The asking price is $3,200,000, translating to a price per square foot of $147.09. Convenient access to I-94 ensures high traffic flow and easy commutes for both tenants and customers. Aggressive rental rates are currently in place, offering significant potential for increased revenue. This well-maintained property is priced to sell and represents a compelling investment opportunity in a thriving commercial area. The property's location in Macomb County, Michigan, offers a strong market for retail businesses.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8687
- Latitude
- 42.6289