Entity Owned Property summary
This exceptional retail or restaurant opportunity is located at 27 N Main St, in the heart of Mount Clemens, Michigan. The property boasts a total of 6,431 square feet, situated on a 0.07-acre lot. Currently, 2,900 square feet of contiguous space is immediately available, divisible down to a minimum of 1,000 square feet, offering flexibility for various business needs. The building, constructed in 1900, is a single-story structure zoned for retail use, ensuring a seamless transition for prospective tenants. Its central location in Macomb County provides excellent visibility and accessibility, making it an ideal spot for businesses seeking high foot traffic. The property's professional subtype suggests a refined and established area, attracting a desirable clientele. The multiple tenancy structure indicates a vibrant and thriving commercial environment. This is a rare chance to secure a well-positioned retail space in a desirable Michigan location. The available space is perfect for a variety of businesses seeking a prominent presence in a bustling downtown area. The property's history and location combine to offer a unique and attractive opportunity for growth and success. Interested parties should act quickly to secure this prime retail space. The zip code is 48043.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 intended to provide the screening, the "protected u…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CB · Mount Clemens, MICentral 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 intended to provide the screening, the "protected u…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 intended to provide the screening, the "protected u…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Mount Clemens, MI.
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