49560 Gratiot AveChesterfield, MI 48051

Property Details for 49560 Gratiot Ave

Year built

2003

Lot size

0.23 AC

Property size (Sq ft)

1,547 SF

Zone code

C3 GEN

Property type

Medical offices

Property subtype

Medical centers

APN

15-09-19-476-004

APU

150919476004

Description

This exceptional opportunity presents a thriving chiropractic practice in Chesterfield, Michigan, ideally situated on a 0.23-acre lot with high visibility. The 3,000 square foot building boasts a distinguished presence, featuring a brick exterior, large picture windows, and a welcoming front entryway leading to a spacious reception and waiting area. Constructed with durable 2"x6" framing and enhanced by Anderson windows, the building is well-maintained and equipped for continued success. The interior layout includes four exam rooms, each thoughtfully designed with floor outlets for medical equipment, a dedicated massage room, and an upstairs sauna. A complete X-ray suite is also included. The property benefits from ample parking both in front and rear. Recent upgrades include a new, dual-zoned HVAC system ensuring optimal climate control. The high-traffic location sees over 55,000 vehicles pass daily, providing exceptional exposure and potential for growth. This turnkey operation, established for over two decades, offers a rare chance to acquire a profitable and well-regarded business with significant potential. Showings are strictly by appointment only

• CAP approach

  CAP return

  Valuation

  6%

  $321,753

  6.5%

  $297,003

  7%

  $275,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $144,706

  Geo Method

  $144,706

• Alternative Use

  Use

  Valuation

  Residential

  $368,284

  Hospitality

  $337,346

  Educational

  $280,668

  Medical

  $290,321

  Retail

  $436,595

Location Insight

City

Chesterfield

County

Macomb

State

Michigan

Latitude

42.664

Longitude

-82.8411

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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