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21303 Mack Ave
Grosse Pointe, MI 48236
Retail Property For Sale
Investment Highlights
- Excellent frontage and visibility along Mack Avenue, a highly traveled east-side corridor.
- Located within the highly desirable Grosse Pointe Woods community, supporting long-term demand.
- Quick access to I-94, ensuring easy connectivity to Downtown Detroit and surrounding areas.
Executive Summary
Ownership of this office property along Mack Avenue represents a rare opportunity to establish a long-term position within one of the most desirable east-side Detroit submarkets. The property’s location within the heart of Grosse Pointe Woods—an area known for its stable residential neighborhoods and vibrant commercial sectors—offers enduring appeal for users and investors alike.
Proximity to key conveniences, coupled with excellent regional accessibility via I-94, enhances operational efficiency for businesses while supporting strong market fundamentals. With nearly half an acre of land, this parcel provides flexibility for future adaptations or enhancements to meet evolving market needs.
Proximity to key conveniences, coupled with excellent regional accessibility via I-94, enhances operational efficiency for businesses while supporting strong market fundamentals. With nearly half an acre of land, this parcel provides flexibility for future adaptations or enhancements to meet evolving market needs.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,978 SF
Building Class
C
Year Built
1973
Price
$1,450,000
Price Per SF
$291.28
Percent Leased
100%
Building Height
1 Story
Building FAR
0.18
Lot Size
0.63 AC
Zoning
RO-1 - Restricted Office
Parking
50 Spaces (10.04 Spaces per 1,000 SF Leased)
Frontage
228’ on Mack Avenue
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 40-003-99-0002-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $592,600 |
Property Taxes
Parcel Number
40-003-99-0002-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$592,600
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