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    Property profile & analytics
    OFF-MARKET
    Retail space

    1430 Southbound Gratiot Ave SB, Mount Clemens, MI 48043-6533

    4,560 SF 0.23 ac lot Built 1962
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-1446778
    Property summary
    AI-generated overview

    This exceptional 4,560 square foot retail building is strategically located on the highly trafficked Gratiot Avenue corridor in Mount Clemens, Michigan. Built in 1962, this three-story Class C commercial property offers a unique quad-level design, creating an open and airy business environment with high vaulted ceilings. The building sits on a 0.23-acre lot (approximately 100ft x 100ft) and includes 12 parking spaces. The property features a sizable basement of approximately 1,000+ square feet, adding significant storage or expansion potential. Internal amenities include three restrooms, one equipped with a shower, and robust 480-amp three-phase power. The property is zoned GC - General Commercial, providing flexibility for a variety of uses. Its convenient location offers close proximity to downtown Mount Clemens and the I-94 Expressway, ensuring excellent visibility and accessibility. The asking price is $445,000, translating to $97.59 per square foot. The property's parcel number (APN) is 05-11-23-154-011. This presents a compelling investment opportunity for a small business seeking a prominent location with ample space and unique features.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1962
    Total area 4,560 SF
    Lot 0.23 ac (10,019 SF)
    Zoning code GC
    APN 05-11-23-154-011
    UPID US43-1446778
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Mcfaddens Ventures LLC
    Mcfaddens Ventures LLC
    since 2025
    Last sale
    $350,000
    2 recorded transactions
    2025
    $350,000
    1969
    Zoning & alternative use
    GC · Mount Clemens, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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