Individually Owned 
For Sale
1 / 5
Property summary
This exceptional investment opportunity presents a 2,000 square foot creative office building located at 285 Southbound Gratiot Ave, Mt. Clemens, MI 48043. The property, situated on a 0.29-acre lot (APN: 05-11-14-379-013), boasts a 100% occupancy rate with a single tenant under a gross lease. The building, constructed in 1971, is a single-story Class B structure and features ample parking. The asking price is $299,000, translating to a price per square foot of $149.50 and an attractive 10.40% cap rate. The property is zoned MU and offers easy access to both southbound and northbound Gratiot Avenue. Recent building renovations enhance its appeal. This is a turnkey investment perfect for a discerning buyer seeking a stable, high-return asset in a convenient location within Macomb County, Michigan. The net rentable area is 2,000 square feet.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Mount Clemens market rent, vacancy and expense benchmarks for this use type.
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
MU · Mount Clemens, MICommercial/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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU in Mount Clemens, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
