24941 Hall Rd Macomb, MI 48042
- Turn key restaurants
- 8,010 SF
- 1.36 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 24941 Hall Rd
- Year built
- 2005
- Lot size
- 1.36 lot acres
- Property size
- 8,010 SF
- Zone code
- C4
- Property type
- Turn key restaurants
- APN
- 20-08-36-477-009
- APU
- 200836477009
Description
This exceptional 8,088 square foot commercial property, located at 24941-24989 Hall Road in Macomb, Michigan, presents a unique investment opportunity. Situated on a 1.36-acre lot, this multi-tenant building is zoned for retail use and currently features a mix of office and restaurant spaces. A significant 4,400 square feet of space is currently vacant, offering immediate potential for expansion or lease to new tenants. The building's existing infrastructure supports a variety of business types, making it ideal for a range of commercial ventures. The property's strategic location on Hall Road in Macomb County provides excellent visibility and accessibility, ensuring high traffic flow and potential for strong tenant occupancy. The "Executive Office" subtype designation highlights the suitability of the space for professional businesses requiring a high-quality, well-maintained environment. This property offers a blend of established tenancy and significant expansion potential, making it an attractive proposition for investors seeking a strong return on investment in a thriving Michigan market. The property's 48042 zip code further underscores its location within a dynamic commercial area. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location with immediate income potential and significant upside. The property's zoning as "Retail" allows for a wide range of potential uses, enhancing its overall value and flexibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macomb
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8567
- Latitude
- 42.6308
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA