19299 Mack AveGrosse Pointe Woods, MI 48236

Property Details for 19299 Mack Ave

Year built

1965

Construction

FRAME

Lot size

1.04 AC

Property size (Sq ft)

10,690 SF

Zone code

C-2

Property type

Office buildings

APN

40 015 99 0002 300

APU

40015990002300

Description

This exceptional 10,690 square foot medical office building presents a unique investment opportunity in the thriving Grosse Pointe Woods, Michigan market. Located at 19299 Mack Avenue, this single-tenant property sits on a 1.04-acre lot and offers unparalleled visibility and accessibility. Its prime location at the foot of Ascension St. John Hospital ensures high traffic and a strong patient base. The building's strategic placement along the busy Mack Avenue corridor, between Detroit and St. Clair Shores, provides convenient access for patients and employees alike. The entire 10,690 square feet is currently vacant, presenting a blank canvas for a discerning buyer to customize and develop. The property's ample parking further enhances its appeal, making it an ideal location for a variety of medical practices or other office uses. Wayne County location and a 48236 zip code add to its desirability. This property offers a rare chance to acquire a substantial building in a high-demand area with significant potential for growth and return on investment. The combination of size, location, and vacancy makes this a truly remarkable opportunity. The property is classified as Retail, Restaurant, and Office, but is currently being marketed as a medical office building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,002,108

  6.5%

  $1,848,100

  7%

  $1,716,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $999,943

  Geo Method

  $999,943

• Alternative Use

  Use

  Valuation

  Residential

  $2,291,644

  Hospitality

  $2,099,134

  Educational

  $1,746,454

  Medical

  $1,806,518

  Retail

  $2,716,707

Location Insight

City

Grosse Pointe Woods

County

Wayne

State

Michigan

Latitude

42.4207

Longitude

-82.9109

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, 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].