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Property profile & analytics
FOR SALE
Retail space

36366 Groesbeck Hwy Clinton Township, MI 48035

2,376 SF 0.57 ac lot Built 1969
Entity Owned Free & Clear
Property ID
US43-4960102
Property summary
AI-generated overview

This freestanding, single-story commercial building at 36366 Groesbeck Highway in Clinton Township, Michigan, presents a compelling owner-user investment opportunity. Boasting 2,430 square feet on a 0.574-acre lot, this Class B property offers excellent visibility and accessibility. The building, constructed in 1969, benefits from recent upgrades including a new HVAC system (2020) and a new hot water tank (2021). Ten parking spaces are available for customers and employees. The property is zoned B-3, allowing for a variety of retail and office uses. Its strategic location provides easy access to Metropolitan Parkway (16 Mile Rd) and I-94, ensuring high traffic volume and convenient commutes. A large pole sign offers significant advertising potential. The property's single-unit configuration and ample parking make it an ideal choice for a variety of businesses seeking a prominent location in a thriving community. The asking price is $389,000. The parcel's APN is 16-11-28-276-007. This is a rare opportunity to acquire a well-maintained, conveniently located commercial property in Macomb County, Michigan, with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Total area 2,376 SF
Lot 0.57 ac (25,003 SF)
Zoning code B-3
APN 16-11-28-276-007
UPID US43-4960102
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
SIELOFF STUDIO INC
SIELOFF STUDIO INC
Zoning & alternative use
B-3 · Clinton Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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