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Shore Bank 14533 Mack Ave 8,442 SF 100% Leased Office Building Detroit, MI 48215 $349,900 ($41.45/SF)



INVESTMENT HIGHLIGHTS
- Bonus basement space not included in the total square footage.
- Near affluent Grosse Pointe communities and vibrant shopping center at Mack and Alter Rd.
- Building is elevator equipped servicing main floor and second floor.
- New Torch-down roof installed in 2023.
EXECUTIVE SUMMARY
Two-Story office building and adjacent parking lot sold as package. Main floor is in need of complete rehab/remodel. Second floor is in good condition and recently occupied.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,442 SF
Building Class
C
Year Built/Renovated
1922/2000
Price
$349,900
Price Per SF
$41.45
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
4,221 SF
Building FAR
0.92
Lot Size
0.21 AC
Zoning
CM
Parking
7 Spaces (0.83 Spaces per 1,000 SF Leased)
1 1
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 21-001369 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $176,600 |
PROPERTY TAXES
Parcel Number
21-001369
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,600
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Shore Bank | 14533 Mack Ave
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