16701 25 Mile RdMacomb, MI 48042

For Sale
$250,000
Prime Macomb storefront, office, and land.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property, located at 16701 25 Mile Rd, Macomb, MI 48042, presents a unique investment opportunity. The 0.47-acre lot offers significant potential for a variety of uses, including retail, office, or a combination thereof. The property's storefront configuration is ideal for businesses seeking high visibility and convenient access. Its classification as executive office space suggests suitability for professional services or corporate offices. The asking price is $250,000, translating to a land value of $531,914 per acre. The property is situated in Macomb County, within the Macomb East submarket, and is conveniently located near the Detroit-Warren-Dearborn Metropolitan Statistical Area (MSA). The sale terms require cash to the seller. The property's tax ID/APN is 08-05-351-007. While the cap rate is undisclosed, the strong location and versatile nature of the property make it an attractive investment prospect for discerning buyers. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged.

Highlights

  • Asking price: $250,000
  • Property type: Retail, Office, and Land, with Storefront, Commercial, and Executive Office subtypes
  • Lot size: 0.47 acres, land value: $531,914/acre
  • Located in Macomb, MI (Macomb County, zip code 48042), at 16701 25 Mile Rd, near the Detroit-Warren-Dearborn MSA
  • Tax ID/APN: 08-05-351-007, Sale terms: Cash to Seller.

Property Details for 16701 25 Mile Rd

Property type
Retail properties, Office properties
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Macomb
County
Macomb
State
Michigan
Latitude
42.701094
Longitude
-82.957835
16701 25 Mile Rd, Macomb, Michigan

FAQs

What type of property is this?
Retail property - Prime Macomb storefront, office, and land.
Where is the retail property located?
The property is located at 16701 25 Mile Rd Macomb, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Asking price: $250,000; Property type: Retail, Office, and Land, with Storefront, Commercial, and Executive Office subtypes; Lot size: 0.47 acres, land value: $531,914/acre
How can I contact the broker?
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16701 25 Mile Rd
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