For Sale
$1,500,000

19 Mile Rd Clinton Township, MI 48038

High-Occupancy Medical Office, Prime Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 8,550 square foot medical office building presents a compelling investment opportunity in Clinton Township, Michigan. Located on 19 Mile Rd, near Hayes Rd, in Macomb County, zip code 48038, this property boasts a 90% occupancy rate across its eight units. Built in 1980, the building offers a strong foundation for immediate income generation. The asking price is $1,500,000, translating to a price per square foot of $175.44. The high occupancy rate and strong location in a desirable area make this a low-risk, high-reward investment. All units are currently leased, ensuring a steady stream of revenue from the moment of acquisition. This presents a rare chance to acquire a fully occupied, income-producing asset in a thriving market. The property's address is easily accessible and benefits from high visibility. This is an ideal opportunity for investors seeking a stable and profitable addition to their portfolio. Further details are available upon request. This is a motivated seller situation.

Highlights

  • 8,550 SF medical office building in Clinton Township, MI (48038).
  • Located on 19 Mile Rd, near Hayes Rd, Macomb County.
  • 90% occupancy across eight units.
  • Built in 1980, asking price $1,500,000 ($175.44/SF).
  • Fully leased, offering immediate income generation.

Property Details for 0 19 Mile Rd

Property type
Office properties, Medical offices
Square Feet
8,550 SF
Year Built
1980
Units
8

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.6129115
Longitude
-82.9543305

FAQs

What type of property is this?
Office property - High-Occupancy Medical Office, Prime Location
Where is the office property located?
The property is located at 19 Mile Rd Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8,550 SF medical office building in Clinton Township, MI (48038).; Located on 19 Mile Rd, near Hayes Rd, Macomb County.; 90% occupancy across eight units.
How can I contact the broker?
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0 19 Mile Rd
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