38550 Groesbeck Hwy

Office for Sale
Catylist Listing ID: 30187520
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 5,020 SF
Gross Land Area: 1.80 Acres
Sale Price: $369,000
Unit Price: $73.51 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/13/2018

Overview / Comments

5,020 SF (3) Unit Office/Commercial/Warehouse- High profile Groesbeck Hwy; one block from McLaren Macomb Hospital. Fully leased; current tenants include Allstate Insurance, Photographers Unlimited & Mr. Electric. Building includes 1,374 SF warehouse space. 1.8 acre parcel allows for expansion. Pylon signage available. Abundant, on-site parking.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 11-15-376-001
Zoning: B3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,367 112,441 288,882
Median Age: 41.99 40.73 41.15
Households: 5,564 48,230 118,958
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