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$1,225,000
Est. payment /mo
7,890 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,890 sqft
Price per Sqft $155
Municipality Fort Gratiot Twp
Subdivision Fort Gratiot Twp
MLS Listing ID 20261064702
Year Built 1997
Annual Tax Amount $17,651
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 300 x 100
Source Realcomp
Property Description
Excellent investment opportunity in a well-established Fort Gratiot commercial location near Birchwood Mall and the area's major retail and business corridors. This approximately 7,850-square-foot commercial/office building is currently approximately 67% leased, generating approximately $60,000 in annual income, with substantial upside through leasing of the remaining space.Convenient Fort Gratiot location with easy access to major roads, shopping, restaurants, and Port Huron-area amenities. The combination of existing income, newer roof, approximately 7,850 SF of building area, and significant lease-up potential makes this an attractive commercial investment.There is commercial development from Walmart and Meijer north of Keewahdin to Kroger around Krafft to the south. Also in proximity are Home Depot, Aldi, Chic Fil A and many other retailers.
Location
State MI
County St. Clair
Zoning Commercial
Direction 24th to Commerce Dr then W to Address
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Port Huron
Others
Tax ID 74209790011000
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Listed by Signature Sotheby's International Realty GPF
Nearby School & Business
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