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    OFF-MARKET
    Retail properties & Spaces

    80 Kercheval Ave, Grosse Pointe Farms, MI 48236

    8,000 SF Built 1954
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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