Property profile

36633 Gratiot Ave Clinton Township, MI 48035

OFF-MARKET
Commercial real estate
Property ID
US43-1879087
0.76 ac lot Built 1956
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail and office space, located at 36633 Gratiot Avenue in Clinton Township, Michigan, 48035, presents a fantastic opportunity for a variety of businesses. Situated in a high-visibility location on busy Gratiot Avenue, this property offers excellent exposure to a large volume of daily traffic. The space, part of the Gratiot Center, is currently available in sizes ranging from 1,400 to 1,600 contiguous square feet. The building has recently undergone renovations, including a fresh coat of exterior paint and a newly paved parking lot, enhancing its curb appeal and providing ample parking for customers and employees. A former salon space, the unit retains existing plumbing, making it particularly well-suited for a hair or nail salon, though it is adaptable to other retail or office uses. The property is in Macomb County and benefits from the established presence of strong national tenants such as Enterprise, Jackson-Hewitt, and AAA Insurance, creating a desirable and thriving commercial environment. This is an ideal location for businesses seeking high visibility, convenient access, and a well-maintained property in a bustling commercial center. The minimum divisible space is 1,400 square feet. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Lot 0.76 ac (33,280 SF)
Zoning code B-3
APN 16-11-27-228-029
UPID US43-1879087

Cap rate & NOI

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

Location

36633 Gratiot Ave Clinton Township, MI 48035-1722
Clinton Township metro Census 241200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2022
Last sale
$1.5M
1 recorded transaction
2022
$1.5M

Zoning & alternative use

B-3 · Clinton Township, MI

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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