Property profile

148 Main St Mount Clemens, MI 48043

OFF-MARKET
Office buildings
Property ID
US43-5120980
5,222 SF 0.37 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This leased office suite is configured for client-facing business use, including a reception area and two private office rooms. Restrooms are common/shared within the building rather than private to the suite. The suite is located in downtown Mount Clemens and has frontage on Main Street and South Gratiot, placing it near municipal buildings, court offices, and other city services. On-site parking is available, and the interior layout is suited to professional tenants requiring a reception function along with separate private office space in a shared-restroom arrangement.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 5,222 SF
Lot 0.37 ac (16,161 SF)
Zoning code MU
APN 05-11-14-257-007
UPID US43-5120980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

148 Main St Mount Clemens, MI 48043-7900
Mount Clemens metro Census 245300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2017
$272,500
2007
$395,000
1969
Price N/A

Zoning & alternative use

MU · Mount Clemens, MI
Zoning description

Commercial/Office (MU, GC) Major Major Minor Major Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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