P.A. Commercial Brokers Sale of Fully Occupied 6-Unit Retail/Office Building in Grosse Pointe Park
Grosse Pointe Park, MI – August 29, 2024 – P.A. Commercial is pleased to announce the successful sale of 15200 – 15216 Charlevoix St, a fully occupied, 6-unit street retail and office building in Grosse Pointe Park, Michigan. The property sold for $495,000 after just four months on the market, further highlighting P.A. Commercial’s expertise in investment sales and retail properties.
John DeWald and Phil Myers with P.A. Commercial, represented the seller in the transaction. Their deep understanding of the local market in the Grosse Pointe communities and strategic marketing approach led to the swift sale of this well-located property, which continues to generate strong income for the new owner.
“The demand for well-leased retail properties remains strong, and this sale is a testament to our team’s ability to close deals efficiently,” said John De Wald.
Situated in the heart of Grosse Pointe Park, this street retail/office building offers an ideal location for businesses, contributing to its fully leased status at the time of sale. The new owner recognized the property’s strong tenancy and excellent location as key factors for long-term investment stability.
P.A. Commercial’s proven track record in investment sales continues to provide clients with high-level service and successful results.