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    FOR SALE
    Retail space

    84 Macomb Pl, Mount Clemens, MI 48043

    3,990 SF 0.05 ac lot Built 1910
    Individually Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0161160
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1910
    Construction BRICK
    Total area 3,990 SF
    Lot 0.05 ac (2,004 SF)
    Zoning code CB
    APN 05-11-14-203-006
    UPID US43-0161160
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kosto Bogojevski · 15 yrs held
    Kosto Bogojevski
    since 2011
    1 recorded transaction
    2011
    $140,000
    Zoning & alternative use
    CB · Mount Clemens, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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