22400-22410 Harper Ave, St. Clair Shores, MI 48080
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.