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$400,000
Est. payment /mo
3,825 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 3,825 sqft
Price per Sqft $104
Subdivision The Slush & High Add
MLS Listing ID 20251040028
Year Built 1960
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type RealEstateOnly
Property Description
Exceptional investment opportunity in a high-traffic commercial corridor of Mt. Clemens! This 4-unit building at 230 North Avenue offers strong rental income with additional upside. Two large units (combined ~2,200 SF) are currently leased for $2,300/month with about one year remaining on the lease. A second unit of ~550 SF generates $900/month, while a third ~1,100 SF unit is vacant and actively marketed for $1,300/month (MLS #20251028684).
With excellent visibility, strong area traffic, and proximity to downtown Mt. Clemens, the Macomb County Court, retail amenities, and major roadways, this property is ideally positioned for long-term value. Perfect for investors, business owners looking to occupy a space, or those seeking steady rental income with room to grow.
With excellent visibility, strong area traffic, and proximity to downtown Mt. Clemens, the Macomb County Court, retail amenities, and major roadways, this property is ideally positioned for long-term value. Perfect for investors, business owners looking to occupy a space, or those seeking steady rental income with room to grow.
Location
State MI
County Macomb
Area Area03191Mountclemens
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Mount Clemens
School District Mountclemens
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by James T Silver of Keller Williams Somerset
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