Property profile

27 Main St Mount Clemens, MI 48043

OFF-MARKET
Office buildings
Property ID
US43-4660538
6,624 SF 0.08 ac lot Built 1890
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Total area 6,624 SF
Lot 0.08 ac (3,267 SF)
Zoning code CB
APN 05-11-14-209-003
UPID US43-4660538

Cap rate & NOI

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

Location

27 Main St Mount Clemens, MI 48043-5613
Mount Clemens metro Census 245100 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
$380k

Owner & transaction history

since 2022
Last sale
$380,000
4 recorded transactions
2022
$380,000
2017
Price N/A
2013
$290,000
1969
Price N/A

Zoning & alternative use

CB · Mount Clemens, MI
Zoning description

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…

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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