Property summary
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
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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. -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Saint Clair Shores, MIIAL 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. -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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. -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Saint Clair Shores, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
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- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning