For Sale
$495,000

19148 10 Mile Rd Eastpointe, MI 48021

Prime Eastpointe retail space, high visibility, ample parking.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional retail property, located at 19148 E 10 Mile Rd in Eastpointe, Michigan, presents a compelling investment opportunity. The 8,800 square foot building is situated on a 0.27-acre lot and boasts a highly visible location within a bustling shopping center. The three-story structure features a functional elevator and offers multiple points of ingress and egress, ensuring convenient access for both customers and staff. The property benefits from ample parking, extending 120 feet north to Ten Mile Road with 60 feet of frontage, providing significant customer convenience. Its strategic location offers close proximity to major thoroughfares, I-94 and I-696, enhancing accessibility and visibility. Currently zoned MU1, the building is part of a 14-unit shopping center with individually owned parcels. All building owners share responsibility for the maintenance of the common parking lot. The lower level is currently leased on a month-to-month basis for $1,500 per month, offering immediate rental income. The asking price is $495,000, translating to $56.25 per square foot. This property represents a rare opportunity to acquire a well-positioned retail space in a thriving commercial area.

Highlights

  • High-visibility building in a busy shopping center.
  • Ample on-site parking.
  • Multiple access points.
  • Excellent freeway access via I-94 and I-696.
  • Three-story building with elevator.
  • Lower level currently leased month-to-month at $1,500/month.

Property Details for 19148 10 Mile Rd

Property type
Retail properties
Square Feet
8,800 SF
Stories
3
Lot Size (sq. ft)
11,761 SF
Units
14

Location Insight

City
Eastpointe
County
Macomb
State
Michigan
Latitude
42.4798934
Longitude
-82.9205191

FAQs

What type of property is this?
Retail property - Prime Eastpointe retail space, high visibility, ample parking.
Where is the retail property located?
The property is located at 19148 10 Mile Rd Eastpointe, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High-visibility building in a busy shopping center.; Ample on-site parking.; Multiple access points.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19148 10 Mile Rd
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