Grosse Pointe Park on Charlevoix - Rare Opportunity to Purchase!

15200 - 15216 Charlevoix St Grosse Pointe Park, MI 48230

15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230
15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230
FOR SALE
Property Type:
Street Retail
Amount:
$675,000
Last Verified:
Apr 17, 2024

Highlights

  • 3,381 SF multi-tenant office/retail building
  • Annex building with corner exposure
  • 100% occupied
  • Please do not disturb existing tenants - contact brokers
  • Many office, retail, or redevelopment options
  • Desirable walkable corridor
  • Close to many popular restaurants and neighborhood amenities

Description

Rare opportunity to purchase a 3,381 SF multi-tenant office/retail building in Grosse Pointe Park! Explore the potential of this exceptional building, constructed in 1927, comprised of 6 units (5-unit main building and corner annex building), and boasting 100% occupancy. Located in the bustling Detroit area, this property offers a prime investment, owner/user, or redevelopment opportunity.

The area boasts a thriving commercial ecosystem, with a diverse range of businesses and a strong customer base. Nearby, popular destinations like The Village, Mack Avenue, and Kercheval Avenue offer bustling shopping and dining experiences, drawing in both locals and visitors. With its strategic location and proximity to prominent retail and entertainment hubs, the location presents a prime opportunity for retail investors seeking to capitalize on Detroit's dynamic retail landscape.


Year Built: 1927
Building Size: 3381sq ft
Lot Size: 0 acres


Documents

Brochure

Map of 15200 - 15216 Charlevoix St, Grosse Pointe Park, MI, 48230

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.