814 Macomb StMonroe, MI 48162

Property Details for 814 Macomb St

Year built

1979

Construction

WOOD FRAME

Lot size

0.59 AC

Property size (Sq ft)

4,157 SF

Zone code

R-1A

Property type

Medical offices

Property subtype

Medical centers

APN

55-59-01736-000

APU

555901736000

Description

This exceptional 7,190 square foot medical office building, situated on a 0.49-acre lot in Monroe County, presents a unique investment opportunity. The property features a single-tenant occupancy, currently configured as a former allergy clinic. The building's basement suite, encompassing 2,137 square feet, offers ample space for a variety of medical practices. Its strategic location next to Promedica Monroe Hospital ensures high visibility and easy patient access. A large on-site parking lot provides convenient parking for patients and staff. The professional atmosphere is further enhanced by the presence of a newly renovated dentist office in the immediate vicinity. This property is ideally suited for healthcare professionals seeking a well-established location within a thriving medical community. The building's single-tenant configuration offers simplicity and ease of management. The substantial square footage and convenient location make this an attractive option for expansion or relocation. The property's commercial zoning and existing medical infrastructure make it a compelling investment opportunity in a desirable market. The 0.49-acre lot provides ample space for potential future expansion or development. This turnkey medical office building offers immediate occupancy and the potential for significant return on investment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $711,628

  6.5%

  $656,888

  7%

  $609,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $388,846

  Geo Method

  $388,846

• Alternative Use

  Use

  Valuation

  Residential

  $814,541

  Hospitality

  $746,115

  Educational

  $620,759

  Medical

  $642,108

  Retail

  $965,625

Location Insight

City

Monroe

County

Monroe

State

Michigan

Latitude

41.9264

Longitude

-83.388

CBSA code

33780

CBSA name

MONROE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].