Property summary
This exceptional 31,906 square foot executive office building, located at 7 North Main Street in Mount Clemens, Michigan, presents a unique redevelopment opportunity. Built in 1898, this two-story Class C building sits on a 0.561-acre lot and is currently vacant. The property's prime location in the heart of the Central Business District, directly across from the courts and county offices, offers unparalleled access to the city's core. The permitted zoning is Commercial Downtown District, allowing for a wide range of commercial, residential, and mixed-use projects. The property's Assessed Parcel Number (APN) is 05-11-14-209-019. This is an ideal investment for developers seeking a prominent location in a thriving downtown area. The property is available for sale, lease, or build-to-suit arrangements, providing flexibility for various investment strategies. Its historical character combined with its strategic location makes this a truly remarkable opportunity for significant return. The building's substantial size and versatile zoning offer considerable potential for adaptive reuse and modernization. This property is situated in Macomb County, Michigan, with a zip code of 48043.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is intended to provide the screening, the "protected u…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
CB · Mount Clemens, MICentral Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is intended to provide the screening, the "protected u…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Central Business (CB) Minor - - Industrial (I-1, I-2) Major Major Minor Minor 1 In instances where a "protected use" is developed adjacent to and after the use which is intended to provide the screening, the "protected u…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Mount Clemens, MI.
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