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    9623 Gratiot Ave Detroit, MI 48213

    For Sale
    $200,000

    COMMERCIAL - Detroit, MI

    Days on Market:
    35
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 9623 Gratiot Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    W19I001721C8
    Interior features
    Broadband

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    1

    Majestic Homes & Investments (810) 241-1188

    Listing agent Tonya Emery (248) 752-6393

    Listing date Nov 2, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Packaging and Retail Business

    This is an exceptional business opportunity to acquire The Bag Station, a profitable packaging and retail supply business with two Detroit locations. The business has been operating successfully for over six years. The business has low overhead and strong daily cash flow, with over $300,000 in annual gross sales and steady growth. The sale includes $60,000 in wholesale inventory (valued at $400,000 retail) plus all equipment, signage, and systems. The business has loyal clientele, custom orders, and efficient operations. The seller offers two flexible options: provide distributor information or contract to remain the distributor. The business has scalable, franchisable potential and brand recognition in a growing Detroit market. The property is located at 9623 Gratiot Avenue in Detroit, Michigan, within the 48213 postal code and Wayne County. Another store location is at 14301 McNichols, Detroit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.006307
    Latitude
    42.392356

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    FAQs

    What type of property is this?
    Retail space - Established Detroit packaging business for sale with growth potential.
    Where is this retail space located?
    The property is located at 9623 Gratiot Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Profitable, well-established packaging and retail supply business with strong daily cash flow.; - Annual gross sales over $300,000 with steady growth.; - **Includes $60,000 in wholesale inventory (valued at $400,000 retail) and all equipment.**
    (248) 752-6393
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9623 Gratiot Ave Detroit, MI 48213
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