Property profile

31215 Jefferson Ave Saint Clair Shores, MI 48082

OFF-MARKET
Office buildings
Property ID
US43-1456191
2,745 SF 0.19 ac lot Built 1978
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6,475 square foot traditional office building, located at 31215-31225 Jefferson Avenue in St. Clair Shores, Michigan, presents a compelling investment or owner-user opportunity. The property, situated on a 0.49-acre lot (including an additional 0.15 acres), boasts a prime location with prominent monument signage on Jefferson Avenue. Built in 1965 and extensively renovated in 2023, the building offers modern amenities and functionality within a well-established commercial area. The property is zoned B-1, providing flexibility for a variety of business uses. With a total square footage of 6,475 square feet, the asking price is $575,000, translating to $88.80 per square foot. This meticulously maintained property is ready for immediate occupancy, offering a blend of classic charm and contemporary upgrades. The recent renovations ensure a move-in ready condition, minimizing upfront capital expenditures for the new owner. The ample lot size provides ample parking and potential for future expansion. This is an ideal opportunity for businesses seeking a high-visibility location in a thriving community. The combination of location, size, recent renovations, and zoning makes this a highly desirable property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 2,745 SF
Lot 0.19 ac (8,146 SF)
Zoning code B-1
APN 09-14-11-204-019
UPID US43-1456191

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation

Location

31215 Jefferson Ave Saint Clair Shores, MI 48082-1301
Saint Clair Shores metro Census 250200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$85k

Owner & transaction history

since 2023
Last sale
$82,500
1 recorded transaction
2023
$82,500

Zoning & alternative use

B-1 · Saint Clair Shores, MI
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. -…

General category COMMERCIAL

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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