Mack Ridgeway Building

Office for Sale
Catylist Listing ID: 29635397
Property Subtypes: Medical, Office Building
Building Size (RSF): 10,950 SF
Gross Land Area: 10,950 SF
Sale Price: $899,000
Unit Price: $82.10 PSF
Property Use Type: Investment
Building Name: Mack Ridgeway Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Investment sale. 100% lease multi-tenant medical/office building located in very desirable area of Saint Clair Shores bordering nearby Grosse Pointe. Offered at a 10% CAP rate return. Great Investment Opportunity.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: unknown
Zoning: B-3
Property Located Between: 9 Mile Rd / Groesbeck
Road Type: Paved
Property Visibility: Excellent
Transportation: Highway
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Parking Type: Surface
Total Parking Spaces: 48

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,668 128,227 314,334
Median Age: 43.38 40.24 38.02
Households: 8,210 52,756 122,892
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