22400-22410 Harper Ave St. Clair Shores, MI 48080

Property Details for 22400-22410 Harper Ave

Lot size

0.70 lot acres

Property size

6,216 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a 6,216 square foot, multi-tenant retail center located at 22400-22410 Harper Ave in St. Clair Shores, Michigan, 48080. The property, zoned B-1, sits on a 0.7-acre lot and boasts a desirable location just south of 9 Mile Road, directly across from a new Kroger Marketplace. Currently, the center is 67% occupied with a mix of restaurant, storefront, and shopping center tenants under a NNN lease structure. The remaining lease term is five years. A key feature is a built-out kitchen space in an end-cap unit, providing significant potential for future tenants. The property also offers ample parking, a rare advantage along the Harper Avenue corridor. This value-add opportunity is priced at $699,000 and presents a chance to acquire a well-located retail center with significant upside potential. The property's prime location and existing infrastructure make it an attractive investment for both seasoned and emerging real estate investors. The three-unit strip center offers a diverse tenant mix and strong potential for increased occupancy and rental income. The existing tenants provide a stable income stream, while the vacant unit presents an opportunity to increase profitability. This is a rare opportunity to acquire a well-positioned retail property in a thriving Michigan market.

Location Insight

City

St. Clair Shores

County

Macomb

State

Michigan

Longitude

-82.9096

Latitude

42.4611