Deals + Doings

June 1, 2020

John De Wald and Phillip Myers Sell 32,452 SF Retail/Mixed Use Building in Downtown St. Clair Shores

P.A. Commercial is pleased to announce the sale of a 32,452 sf retail/mixed-use building located at 23200 – 23208 Greater Mack Avenue in downtown Saint Clair Shores, which closed on Friday, May 15, 2020.

John De Wald, Principal, and Phillip Myers, Senior Associate at P.A. Commercial represented both the buyer and the seller in this transaction. The building was purchased by a private investor for an undisclosed amount. New ownership is aggressively making significant improvements to the building’s structure and interior to attract local, regional, and national tenants.

There is currently up to 16,000 SF of retail space and 12,000 SF of warehouse space available for lease within the 32,452 SF building. The attractive location within the redeveloped Mack/9 Shopping district is a great opportunity for a variety of businesses as its surrounded by popular restaurants/bars, retail, and local service and is located just minutes from the Grosse Pointe communities, several marinas located along the Nautical Mile, and the I-94 expressway.