For Sale
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Property summary
This exceptional storefront property at 84 Macomb Place in Mount Clemens, Michigan, presents a unique investment opportunity. Boasting 2,660 square feet of retail space, this two-story building is ideally situated on a city lot that includes convenient rear parking. Built in 1910, the property retains its historic charm while offering significant potential for modern business ventures. The asking price is $195,000, translating to a price per square foot of $73.31. The property is zoned for retail use, specifically under the CB zoning designation. This versatile space is perfect for a variety of retail businesses, offering ample room for display, inventory, and customer interaction. The building's two stories provide flexibility in layout and design, allowing for creative use of space to maximize functionality and appeal. The inclusion of rear parking is a significant advantage in a bustling urban setting, providing convenient access for both customers and employees. Located in Macomb County, Michigan, with the address 84 Macomb Pl, Mount Clemens, MI 48043, this property offers excellent visibility and accessibility. This is a rare chance to acquire a well-located, historically significant retail space with significant upside potential. Don't miss this opportunity to own a piece of Mount Clemens history.
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
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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
The rate is the decision lever; valuation is the consequence.
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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