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    Property profile & analytics
    OFF-MARKET
    Office buildings

    340 Main St, Clawson, MI 48017-2067

    4,737 SF 0.17 ac lot Built 1977
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-1637408
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 340 N Main in Clawson, Michigan, presents a unique investment opportunity. Boasting a substantial 75,794 square feet of space across two levels, this building sits on a generous 1.74-acre lot. The property is zoned for Residential/Office use (R-2, O-1), offering considerable flexibility for a variety of commercial and potentially residential applications. The building features a large, adaptable sanctuary capable of accommodating up to 250 people, making it ideal for events or large-scale gatherings. Functional spaces include a welcoming reception area, multiple classrooms on the second floor, a dedicated nursery, and extensive storage areas. The lower level includes a fully equipped commercial kitchen, perfect for catering events or establishing a food-related business. Ample parking is available on-site for convenience. Restrooms are conveniently located on both floors, and an elevator ensures accessibility throughout the building. This prime location in the heart of Clawson offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The asking price is $1,500,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1977
    Total area 4,737 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code BI
    APN 16-25-04-231-037
    UPID US43-1637408
    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
    • Crossroad Christian Church (Every Nation) Church
    • GSH Group, LLC Property Investment Company
    • The GSH Group | Real Estate Investment Group Financial Advisor
    • Eazyshow Inc. Telecommunications Service IT Consulting Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    340 S Main Group LLC · 7 yrs held
    340 S Main Group LLC
    since 2019
    3 recorded transactions
    2019
    2013
    $150,000
    2013
    Zoning & alternative use
    BI · Clawson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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