1705 Gratiot Blvd Marysville, MI 48040
- Office buildings
- 1,536 SF
- 0.16 lot acres
Current Use by Public Records
- Hohf Chiropractic / Chiropractor
- Dr. Keith Hohf / Chiropractor / Practitioner Service Location
- Clippers Edge / Barber Shop
Property Details for 1705 Gratiot Blvd
- Year built
- 1900
- Lot size
- 0.16 lot acres
- Property size
- 1,536 SF
- Zone code
- C-3
- Property type
- Office buildings
- APN
- 74-03-773-0065-000
- APU
- 74037730065000
Description
This exceptional 1,536 square foot free-standing industrial building is situated on a 0.2-acre lot at 1705 Gratiot in Marysville, Michigan. Its prime location on the heavily traveled Gratiot Boulevard ensures high visibility and accessibility. The property boasts abundant parking, a significant advantage for businesses requiring convenient client or employee access. Currently configured as a chiropractic office, the interior layout includes a welcoming reception area, a comfortable waiting room, and three well-appointed exam/adjustment rooms. This adaptable space presents a fantastic opportunity for a variety of businesses seeking a functional and visible location. The building's existing layout could easily be modified to suit diverse operational needs. The substantial lot size offers potential for expansion or outdoor storage, further enhancing its versatility. The asking price is $324,900. This property represents a compelling investment opportunity in a thriving commercial area. Its strategic location, ample parking, and flexible interior make it an ideal choice for entrepreneurs and established businesses alike. Serious inquiries are encouraged to explore the potential of this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $220,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $175,000
- Mixed-Use
- $195,000
- Hospitality
- $165,000
- Educational
- $210,000
- Residential Income
- $170,000
- Energy
- $195,000
- Income-Based Land
- $170,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- St. Clair
- State
- Michigan
- Longitude
- -82.4791
- Latitude
- 42.9187
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA