1430 Southbound Gratiot Ave SB, Mount Clemens, MI 48043-6533
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Mount Clemens, MIMount Clemens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.