REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,225,000
Est. payment /mo
New
3081 Commerce Drive Fort Gratiot, MI 48059 3868
7,890 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,890 sqft
Price per Sqft $155
Subdivision Mi
MLS Listing ID 61021301
Annual Tax Amount $17,651
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 300 x 100
Property Sub-Type Commercial/Industrial
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
Area Fort Gratiot Twp (74032)
Zoning Commercial
Interior
Heating Forced Air
Building
Foundation Crawl
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Signature Sotheby's International Realty GPF