The Grand (Office Building for Sale or Lease)

Investment Overview

The Grand at 49 Macomb Place presents a rare opportunity to acquire or lease a 21,404 SF historic multi-tenant office building in the heart of downtown Mt. Clemens, MI. Originally built in 1940 and renovated in 2000 to white box condition, this landmark asset sits on 0.25 acres along Macomb Place — steps from Macomb County government offices, courts, and downtown amenities. The property is ideally positioned for an owner/user, investor, or developer seeking a high-profile downtown address with strong regional connectivity and flexible use potential across office, medical, educational, or creative concepts.

Investment Highlights

• Historic landmark building | 21,404 +/- SF | Built 1940, renovated 2000
• Asking price $2,200,000 | Lease rate $18.00/SF Modified Gross
• Multi-tenant office building | White box condition | 0.25-acre lot
• Prime downtown Mt. Clemens location | Steps from county offices & courts
• Flexible use potential | Office, medical, educational, or creative (subject to approvals)
• Value-add opportunity | Vacant building ready for repositioning or multi-tenant build-out
• Excellent regional access | Minutes from I-94, Gratiot Ave (M-3) & major Macomb County corridors
• Rare downtown scale | Walkable urban setting with limited comparable inventory