18601 Mack AveDetroit, MI 48236

Property Details for 18601 Mack Ave

Year built

1967

Lot size

0.40 AC

Property size (Sq ft)

5,873 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

21078574-6

APU

210785746

Description

This exceptional Detroit office building, known as the La Fontaine Professional Building, offers 6,218 square feet of versatile space ideally suited for a variety of uses. Currently featuring a turnkey 2,000 square foot dental office condo, the property presents a fantastic opportunity for medical or general office tenants. The building's location at 18601 Mack Avenue in Wayne County, Michigan (zip code 48236), boasts high traffic visibility with ample signage opportunities. Its proximity to St. John Providence Hospital ensures a steady stream of potential patients and clients. The convenient location also offers easy access to area freeways, enhancing accessibility for both staff and visitors. The 0.42-acre lot provides ample parking and potential for future expansion. The building's classification as both medical and creative office space allows for a broad range of potential tenants, making it a highly desirable investment. The existing dental office condo is fully equipped and ready for immediate occupancy, minimizing upfront investment costs for the right buyer. This property represents a unique blend of established infrastructure and prime location, making it an exceptional opportunity in the thriving Detroit market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,099,839

  6.5%

  $1,015,236

  7%

  $942,719

• Comparable approach

  Method

  Valuation

  Relative Method

  $549,360

  Geo Method

  $549,360

• Alternative Use

  Use

  Valuation

  Residential

  $1,258,892

  Hospitality

  $1,153,139

  Educational

  $959,398

  Medical

  $992,393

  Retail

  $1,492,396

Location Insight

City

Grosse Pointe

County

Wayne

State

Michigan

Latitude

42.413

Longitude

-82.9129

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].