Two Building Package

Retail-Commercial for Sale
Catylist Listing ID: 30773671
Property Subtypes: Free-Standing Building, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,210 SF
Gross Land Area: 0.72 Acres
Sale Price: $998,000
Unit Price: $191.55 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Prime hard corner redevelopment opportunity for Automotive, Service Station, Retail, Fast Food QSR or Mixed-Use. Excellent visibility and high volume traffic counts on Groesbeck Highway and Schoenherr Road’s signalized intersection.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Taxing Authority: Warren
Tax ID/APN: 12-13-25-152-002 & 12-13-25-152-001
Zoning: RETAIL
Traffic/Vehicle Count: 19,597
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Parking Type: Surface
Parking Description: 70 spaces
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,265 182,831 483,837
Median Age: 34.89 35.29 37.09
Households: 5,459 69,271 184,664


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
CARWM Member
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