Listed by Anton, Sowerby & Associates
$189,900
247 Northbound Gratiot Avenue
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 2,614
Units 3
Tenancy Vacant
Year Built 1950
Buildings 1
Stories 2
Acreage 0.170
Zoning MU
Investment Type Redevelopment
Ground Lease No
Sale Condition Distressed
Multi-Family Conversion
Marketing description
Value-add redevelopment opportunity located at 247 NB Gratiot in Mount Clemens, MI. The property consists of a 2,614 SF two-story building with a basement and a 3-car garage on a 0.173-acre site. Previously occupied as a doctor’s office, the layout supports conversion to multi-family use with existing second-floor kitchens and bathrooms, as well as front and rear stairways for tenant access. The asset features separately metered utilities and MU Multi-Use zoning, allowing for flexible repositioning. Offered at $189,900 ($72.65/SF), the property is well suited for investors or developers seeking a renovation project with strong residential conversion potential. Cash sale terms
Investment highlights
Multi-Family Conversion. Kitchens and bathrooms in place.
Listing Contacts
Listed by Anton, Sowerby & Associates
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