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    OFF-MARKET
    Neighborhood centers

    234 Gratiot Ave, Mount Clemens, MI 48043

    22,300 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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