MI > Wayne > Grosse Pointe Woods > 21002 Mack Ave

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21002 Mack Ave Map / directions

Grosse Pointe Woods, MI

48236 Market info

  • MLS# 2200059241
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Excellent investor or owner/ user opportunity! Updated and beautifully maintained office building located on prime Mack Avenue in Grosse Pointe Woods. Currently operating as 8 unit shared office space, this property offers the flexibility for an investor to capitalize on the in demand shared office market at a 9%+ return on investment, to be partially owner occupied and leased out to cover carrying costs, or to be completely owner occupied. Shared conference room, kitchenette, and 2 bathrooms. Newer HVAC/ Central Air, new parking lot, new sewer line. Off street parking for 5 spots, an additional 14 municipal parking spots in rear, and on street parking. Current rents around $600-$700/ office with upside in rents. All tenants month to month. Income and expenses available upon request.

Property Information

Status
Active 
Address
21002 Mack Ave 
City
Grosse Pointe Woods 
Zip
48236 
Year Built
1939 
Subdivision
Meyering Land Co Hampton-Roslyn Road Sub 
Business Type
Office 
Listing Date
07/28/2020 
Architecture
1 Story 
County
Wayne 
Above Grade SqFt
2,795 
Possession
At Close 
Price/SqFt
177.1 

School Information

School District
Grosse Pointe 

Taxes

Summer Taxes
$6,092 
Winter Taxes
$6,177 

Features

Current Use
Multi Tenant Office Building/ Co Working Building 
Comm. Office Space
2795 
Zoning
Commercial 
Water
Water at Street 
Sub Property Type
Commercial 
Office Heat
Central Air, Forced Air 
Heating
Central Air, Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200059241 Nov 5 2020 3:43PM $495,000 $509,750 257
2200059241 Active Jul 30 2020 12:26PM $509,750 257
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Jim Saros Real Estate Services
Office Address 17108 Mack Ave

Real Estate One Family of Companies

21002 Mack Ave Grosse Pointe Woods
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$495,000
For Sale • Acres: 0.09 • Zoning: Commercial