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    OFF-MARKET
    Office buildings

    31215 Jefferson Ave, Saint Clair Shores, MI 48082-1301

    2,745 SF 0.19 ac lot Built 1978
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US43-1456191
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cindrich Mahalak & Co Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    L&g Jefferson LLC · 2 yrs held
    L&g Jefferson LLC
    since 2023
    Last sale
    $82,500
    1 recorded transaction
    2023
    $82,500
    Zoning & alternative use
    B-1 · Saint Clair Shores, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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