1357 Gratiot Avenue

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1357 Gratiot Avenue

Clinton Township, MI 48036
Asking Price
$325K
Asset Type
Distribution Industrial
Class
Class B

What's Special

High-visibility owner-user or investment opportunity with updated office, overhead doors, B-3 zoning <ul><li>​3,471 SF stand-alone flex/light industrial building</li><li>​Offered for sale at $325,000</li><li>​Approximately 0.50-acre site with direct Gratiot Avenue frontage</li><li>​Updated office area totaling approximately 1,271 SF</li><li>​Two overhead doors serving shop/flex area</li><li>​B-3 General Business District zoning</li><li>​Surface parking on site</li><li>​Potential room for additional parking, yard storage, or future expansion, subject to municipal approval</li><li>​High-visibilit

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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928

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