Property summary
This exceptional 8,000-square-foot medical office building, located at 80 Kercheval Avenue in the prestigious Grosse Pointe Farms "Hill" section of Wayne County, Michigan, presents a unique investment opportunity. Built in 1954, this Class C property boasts a desirable two-story structure situated on an 8,000-square-foot lot. The building offers flexible space ideal for various uses, including medical, office, or retail. Currently, there are several suite options available, including 2,000, 6,000, and the entire 8,000 square feet. The property's location provides convenient access to street metered parking, ensuring ease of access for patients and clients. The asking price for this well-appointed building is $1,695,000. This presents a compelling opportunity to acquire a well-situated property in a highly sought-after area, offering significant potential for return on investment. The address is 80 Kercheval Ave, Grosse Pointe Farms, MI 48236. The property's zip code is 48236.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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