17266 Mack Ave Grosse Pointe, MI 48230
- Office buildings
- 3,504 SF
- 0.12 lot acres
Current Use by Public Records
- Office buildings
Property Details for 17266 Mack Ave
- Year built
- 2004
- Lot size
- 0.12 lot acres
- Property size
- 3,504 SF
- Zone code
- R-01
- Property type
- Office buildings
- APN
- 37 003 02 0001 001
- APU
- 37003020001001
Description
This exceptional single-story executive office building, located at 17266 Mack Avenue in Grosse Pointe, Michigan, presents a compelling investment opportunity. Boasting 3,604 square feet, the property offers a desirable location in Wayne County, with convenient access to amenities and infrastructure. Built in 2004, the building is classified as Class C and sits on a 0.12-acre lot, zoned R-01. The asking price is $749,000, translating to a price per square foot of $207.82 and an attractive 8.50% capitalization rate. Ample parking is provided, with a ratio of 3.61 spaces per 1,000 square feet. The property's strategic location directly adjacent to the newly constructed City Hall adds significant value and potential for future growth. Detailed financial information is available upon request. The property's APN is 37-003-02-0001-001. This presents a rare chance to acquire a well-situated, income-producing asset in a thriving Grosse Pointe community. The building currently operates as a two-tenant office space.
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
- Grosse Pointe
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9207
- Latitude
- 42.3962
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
