24941 Hall RdMacomb, MI 48042

  • Turn key restaurants
  • 8,010 SF
For Lease
$25/SF/YR View listing

Property Details for 24941 Hall Rd

Year built
2005
Lot size
1.36 AC
Property size (Sq ft)
8,010 SF
Zone code
C4
Property type
Turn key restaurants
APN
20-08-36-477-009
APU
200836477009

Description

This exceptional 8,088 square foot commercial property, located at 24941-24989 Hall Road in Macomb, Michigan, presents a unique investment opportunity. Situated on a 1.36-acre lot, this multi-tenant building is zoned for retail use and currently features a mix of office and restaurant spaces. A significant 4,400 square feet of space is currently vacant, offering immediate potential for expansion or lease to new tenants. The building's existing infrastructure supports a variety of business types, making it ideal for a range of commercial ventures. The property's strategic location on Hall Road in Macomb County provides excellent visibility and accessibility, ensuring high traffic flow and potential for strong tenant occupancy. The "Executive Office" subtype designation highlights the suitability of the space for professional businesses requiring a high-quality, well-maintained environment. This property offers a blend of established tenancy and significant expansion potential, making it an attractive proposition for investors seeking a strong return on investment in a thriving Michigan market. The property's 48042 zip code further underscores its location within a dynamic commercial area. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location with immediate income potential and significant upside. The property's zoning as "Retail" allows for a wide range of potential uses, enhancing its overall value and flexibility.

Location Insight

City
Macomb
County
Macomb
State
Michigan
Latitude
42.6308
Longitude
-82.8567
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,912
-
-
$719,300
-
-
-
$1,438,600

FAQs

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