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20065 Mack Ave
Grosse Pointe Woods, MI 48236
Retail Property For Sale
Investment Highlights
- Positioned on a major Grosse Pointe commercial corridor with strong daily traffic counts.
- Includes 22 dedicated parking spaces plus additional street parking and alley access.
- Zoned for commercial business with allowance for various adaptive reuse opportunities.
- Located less than one mile from I-94 via Vernier Interchange and near multiple interchanges.
- Curb cuts on Mack Avenue and Kenmore enhance accessibility for customers and deliveries.
- Strong local demographics with over 127,000 residents and average household income above $100,000 within three miles.
Executive Summary
This former bank branch presents a unique acquisition opportunity in the highly regarded commercial corridor of Grosse Pointe Woods. Situated at the northwest corner of Mack Avenue and Kenmore, the property offers exceptional visibility and multiple points of ingress and egress, including curb cuts on both Mack and Kenmore as well as alley access. Spanning 0.34 acres with 22 dedicated parking spaces and on-street parking, it provides flexibility for various commercial uses. The property’s C Commercial Business zoning enhances its adaptability for investors or end-users seeking to redevelop or repurpose the building for diverse applications, such as retail, office, or specialty services.
Its location along Mack Avenue sees traffic counts exceeding 25,000 vehicles per day, delivering consistent exposure to a strong consumer base. Convenient access to major arterials like I-94 and the Vernier Interchange positions this property within a robust trade area that serves over 127,000 residents within a three-mile radius. Businesses, dining, and service amenities nearby support strong economic activity, making this asset well suited for repositioning in one of the region’s most desirable business corridors.
Its location along Mack Avenue sees traffic counts exceeding 25,000 vehicles per day, delivering consistent exposure to a strong consumer base. Convenient access to major arterials like I-94 and the Vernier Interchange positions this property within a robust trade area that serves over 127,000 residents within a three-mile radius. Businesses, dining, and service amenities nearby support strong economic activity, making this asset well suited for repositioning in one of the region’s most desirable business corridors.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
1,980 SF
Building Class
B
Year Built
1970
Price
$1,409,020 CAD
Price Per SF
$711.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.34 AC
Zoning
C - Commercial Business
Parking
22 Spaces (11.11 Spaces per 1,000 SF Leased)
Amenities
- Energy Star Labeled
Property Taxes
| Parcel Number | 40-011-01-1619-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $453,932 CAD |
Property Taxes
Parcel Number
40-011-01-1619-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$453,932 CAD
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