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Property profile & analytics
FOR SALE
Retail space

22300 Harper Ave Saint Clair Shores, MI 48080-1818

4,896 SF 0.47 ac lot Built 1945
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US43-4943057
22300 Harper Ave, Saint Clair Shores, MI 48080-1818 For Sale
$550,000 4,896 SF
22300 Harper Ave, Saint Clair Shores, MI 48080-1818
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Property summary
AI-generated overview

This freestanding retail building, located at 22300 Harper Ave in St. Clair Shores, Michigan, presents a compelling investment opportunity. Boasting 4,896 square feet on a 0.474-acre lot, this property is zoned B-1 and offers excellent visibility due to its corner location at a signalized intersection. The asking price is $495,000, translating to $101.10 per square foot. The building features a convenient overhead door, perfect for loading and unloading, and ample onsite parking for customers and employees. Currently occupied by a tenant who will be relocating, this property offers a blank canvas for a new business or an investor seeking a strong return. The property's prime location in Macomb County, Michigan, with a zip code of 48080, ensures easy access to a thriving customer base. This is a rare opportunity to acquire a well-situated, freestanding retail building in a desirable area. The building's single tenancy structure provides simplicity and ease of management. Don't miss this chance to own a piece of St. Clair Shores' commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 4,896 SF
Lot 0.47 ac (20,647 SF)
Zoning code B-1
APN 09-14-33-278-054
UPID US43-4943057
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
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k
Owner & transaction history
M & C Real Estate Holdings LLC · 2 yrs held
M & C Real Estate Holdings LLC
since 2024
Last sale
$432,000
1 recorded transaction
2024
$432,000
Zoning & alternative use
B-1 · Saint Clair Shores, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

IAL DISTRICT (HIGH RISE) Expand ARTICLE IX. - O-1 OFFICE SERVICE DISTRICT ARTICLE IX. - O-1 OFFICE SERVICE DISTRICT Expand ARTICLE X. - CR COMMERCIAL RECREATION ARTICLE X. - CR COMMERCIAL RECREATION Expand ARTICLE XI. - B-1 LOCAL BUSINESS DISTRICT ARTICLE XI. - B-1 LOCAL BUSINESS DISTRICT Expand ARTICLE XII. - B-2 COMMUNITY BUSINESS DISTRICT ARTICLE XII. - B…

Zone name Local Business District
General category COMMERCIAL
Zone area 125.54 ac
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