Property profile

80 Kercheval Ave Grosse Pointe Farms, MI 48236

OFF-MARKET
Retail properties & Spaces
8,000 SF Built 1954
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 1954
Total area 8,000 SF

Cap rate & NOI

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

Location

80 Kercheval Ave Grosse Pointe Farms, MI 48236
Grosse Pointe Farms metro
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Value estimations

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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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