48 Market St - Office FOR SALE


Mount Clemens, MI 48043- Downtown Mount Clemens
$1,872,000 USD
248-226-1610
48 Market St, Mount Clemens, MI for Sale
$1,872,000 USD
Office - FOR SALE
1/1
null | 7.25% Cap Rate

48 Market St
Mount Clemens, MI 48043
Downtown Mount Clemens


OVERVIEW

? Prime Mixed-Use Asset: Built in 2002, this all-brick building combines retail and office space in a high-visibility downtown location, offering diversified income streams. ? Anchor Tenant Stability: Buffalo Wild Wings occupies the main floor, providing a nationally recognized, long-term tenant with strong foot traffic and brand appeal. ? 100% Office Occupancy: The upper level is fully leased to law offices with 100% historical occupancy, ensuring consistent cash flow and professional tenant stability. ? Turnkey Condition: The property has been meticulously maintained, requiring little to no capital expenditures for the incoming buyer— ideal for passive investors. ? Downtown Location Advantage: Situated in the heart of Mount Clemens, the building benefits from walkable access to government offices, restaurants, and cultural attractions. ? On-Site Management: Current building management operates on site ensuring smooth day-to-day operations and maintenance ? Strong Market Fundamentals: Mount Clemens features rising median incomes, affordable property values, and proximity to major employers, supporting long-term tenant demand. ? Attractive Investment Metrics: With stable tenancy and minimal maintenance needs, the property offers immediate income and potential for appreciation in a revitalizing downtown corridor.

FOR SALE DETAILS

PRICE

$1,872,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buffalo Wild Wings Mixed-Use Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

STRIP CENT

APN/PARCEL ID

05-11-14-227-001

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

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