3050 Commerce Dr Fort Gratiot Township, MI 48059
This single-story, 7,585 square foot executive office building in Fort Gratiot Township, Michigan, presents a compelling investment or owner-user opportunity. Located at 3050 Commerce Dr, 48059, this Class C property sits on a 0.64-acre lot and boasts ample parking (5.93 spaces per 1,000 sq ft). Built in 1994, the building offers a single unit with a large mezzanine, not included in the 7,585 square foot total. The current tenant, a physician's healthcare group, has occupied the space since 1994 and may lease back one-third of the space for up to four years or vacate within 60 days. This flexibility allows for immediate occupancy or a phased transition. The asking price is $639,900. The property's walk score is 50 (somewhat walkable), and its location in St. Clair County offers convenient access to local amenities and transportation. The substantial mezzanine area provides additional storage or office space. This property is ideal for an investor seeking a strong return or a business looking for a well-located, spacious office building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.