24025 Greater Mack Ave - Medical FOR SALE


Saint Clair Shores, MI 48080
$850,000 USD
586-337-5241
24025 Greater Mack Ave, Saint Clair Shores, MI for Sale
$850,000 USD
Medical - FOR SALE
1/6
null | 8.24% Cap Rate

24025 Greater Mack Ave
Saint Clair Shores, MI 48080


HIGHLIGHTS

  • Fully occupied building with eight office and medical tenant suites.
  • Established in-place income with reported NOI of approximately $70,000.
  • Located along Greater Mack Avenue just north of 9 Mile Road.
  • Blocks from downtown Saint Clair Shores and the Nautical Mile district.
  • Includes 42 on-site parking spaces for tenants and visitors.
  • Well-maintained office and medical investment property.

OVERVIEW

24025 Greater Mack presents a fully occupied office and medical investment opportunity in Saint Clair Shores. The property consists of an eight-suite professional building occupied by a mix of office and medical tenants, providing in-place income and an established tenancy profile. Constructed in 1980 and maintained to a high standard, the asset offers investors an opportunity to acquire a stabilized property with an existing net operating income of approximately $70,000. Positioned along Greater Mack Avenue just north of 9 Mile Road, the property benefits from convenient access to local commercial corridors, neighborhood services, and the amenities of downtown Saint Clair Shores and the Nautical Mile district. The location offers strong connectivity throughout the eastern suburbs of Metro Detroit while serving an established residential and business population. Its office and medical tenant mix supports a diversified occupancy profile within a mature commercial market. The building is situated on approximately 0.510 acres and includes 42 parking spaces. The combination of stable occupancy, established tenancy, and a well-maintained physical condition creates a straightforward investment opportunity for buyers seeking existing cash flow with long-term ownership potential. The property's location within a recognized professional and healthcare corridor further supports continued tenant demand and operational stability.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

8.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mack Ridgeway Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B3

APN/PARCEL ID

09-14-27-451-008

ASK ABOUT THIS PROPERTY

Jimmy DiehlPilot Property Group, Inc.More Info
586-337-5241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jimmy DiehlPilot Property Group, Inc.More Info
586-337-5241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.