Property profile

234 Gratiot Ave Mount Clemens, MI 48043

OFF-MARKET
Neighborhood centers
22,300 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Neighborhood centers
Total area 22,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

234 Gratiot Ave Mount Clemens, MI 48043
Mount Clemens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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