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Property profile & analytics
FOR SALE
Retail space

95 N Groesbeck Hwy Mount Clemens, MI 48043

3,528 SF 0.17 ac lot Built 1985
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US43-1531987
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 95 N Groesbeck Hwy in Mt. Clemens, Michigan, presents a remarkable investment opportunity. Boasting 4,000 square feet of space on a 0.17-acre lot, this vacant building is zoned GC - General Commercial, offering a wide range of potential uses. Previously operated as a bakery/restaurant, the property includes existing equipment, providing a head start for a new business. Its highly visible location on Groesbeck Highway, with additional access from Cass Avenue, ensures significant exposure to high traffic counts. The property benefits from its close proximity to I-94 and Hall Road, two major thoroughfares providing easy access for customers and employees. The asking price is $450,000. This prime location in Macomb County, with its 48043 zip code, offers an unparalleled chance to establish or relocate a thriving business. The property's size and zoning make it suitable for a variety of commercial ventures. Don't miss this chance to own a well-situated, versatile commercial space in a bustling area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction CONCRETE BLOCKS
Total area 3,528 SF
Lot 0.17 ac (7,536 SF)
Zoning code GC
APN 05-11-10-452-003
UPID US43-1531987
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ane Dimitrievski · 8 yrs held
Ane Dimitrievski
since 2017
2 recorded transactions
2017
$130,000
2008
Price N/A
Zoning & alternative use
GC · Mount Clemens, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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