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311 GRATIOT

Mount Clemens, MI 48043

0

197000 -100.0%

0 Bed

-1 Bath

2200 SqFt


UPDATED

Key Details

Property Type Commercial

Lot Size 1.000 Acres

Year Built 1983

Purchase Type For Sale

Listing Status Active

MLS Listing ID 58031350096

Price per Sqft $89

Financing Cash,Conv. Blend Rt,Other

Property Description

**Excellent Income Opportunity! 2200 Sq Ft Mixed-Use Retail/Office Building with 4 UNITS located on Southbound Gratiot. CORNER LOT WITH GREAT EXPOSURE!! Next to the Clinton River. ALL 4 UNITS ARE CURRENTLY LEASED FOR 1 YEAR; $2375 MONTHLY NET INCOME. 10% Cap rate. Next to the Clinton River!! 10 Parking spaces. Hip Roof. Large lot behind building included. Excellent space for Accountant, Financial Planner or Attorney. Close to county/court buildings & Downtown. Cash, Loan or 1031 Exchange.

Location

State MI

County Macomb

Subdivision Butlers Add

Zoning Commercial,Other

Interior

Sewage Type Sewer-Sanitary

Water Municipal Water

Hot Water Natural Gas

Heating Forced Air

Exterior

Roof Type Asphalt

Building

Foundation Slab

Schools

Elementary Schools Seminole Academy

Middle Schools Mount Clemens Junior High School

High Schools Mount Clemens High School

School District Mount Clemens Community School District

Others

Tax Amount $5,054

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Listing Provided By Nicholas Gagnon of Adlhoch & Associates, REALTORS

Nearby School & Properties

PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Downtown Realty Downtown Realty

    Downtown Realty

    Brokerage | License ID: 386963

    (313) 466-7253

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