21300 Mack Ave Grosse Pointe, MI 48236
- Office buildings
- 12,209 SF
- 0.63 lot acres
Current Use by Public Records
- Office buildings
Property Details for 21300 Mack Ave
- Year built
- 1968
- Lot size
- 0.63 lot acres
- Property size
- 12,209 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 40 004 99 0003 000
- APU
- 40004990003000
Description
This exceptional Grosse Pointe Woods property, located at 21316 Mack Avenue, offers 11,920 square feet of versatile commercial space. The single-story building features five suites, with a total of 47 parking spaces available for tenants and their clients. Currently, the property includes a mix of medical, traditional office, and creative office tenants, showcasing its adaptability to various business needs. A significant 2,730 square feet of space is currently vacant, presenting a prime opportunity for expansion or new tenancy. The minimum divisible space is 2,730 square feet, allowing for flexibility in leasing arrangements. The building's prime location on Mack Avenue in Grosse Pointe Woods provides excellent visibility and accessibility, situated directly across from Comerica Bank and neighboring established businesses such as AAA, My Family Dental, and Club Pilates. This strategic location within the Grosse Pointe submarket, and closer to the St. Clair Shores submarket cluster, ensures high traffic and a strong potential for attracting a diverse clientele. The property's classification as Retail, Office, and its subtypes as Medical Office, Traditional Office, and Creative Office, highlight its versatility and suitability for a wide range of businesses. This presents a unique investment opportunity in a thriving commercial area. The property is classified as having multiple tenancies.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,241,000
- AI Estimate
- $1,241,000
Market price range: $310k - $1.24MMarket price range: $319k - $1.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $755,000 Current use
- COMMERCIAL (GENERAL)
- $1,115,000 Change: +48% Conversion: Easy
- RESTAURANT
- $1,115,000 Change: +48% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $925,000 Change: +23% Conversion: Difficult
- RETAIL STORES
- $845,000 Change: +12% Conversion: Moderate
- MEDICAL BUILDING
- $770,000 Change: +2% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Grosse Pointe Woods
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9042
- Latitude
- 42.4503
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA