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    26345 Gratiot Ave Roseville, MI 48066

    Sponsored
    For Sale
    $429,999

    High-yield industrial/residential building. Excellent income potential.

    Property size:
    6,624 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property located at 26345 Gratiot, Roseville, MI, presents a compelling investment opportunity. The 6,624 square foot building sits on a 0.38-acre lot and offers a blend of commercial and residential spaces, creating a diverse income stream. The commercial component includes two vacant retail units, ready for immediate lease-up and generating substantial rental income. The residential section comprises four two-bedroom, one-bathroom apartments, each equipped with laundry hookups. Three of these apartments are currently occupied, providing a stable and consistent rental income. The fourth apartment is vacant, offering immediate potential for increased revenue. The property's strategic location in Roseville, MI, ensures high visibility and accessibility for both commercial tenants and residents. This property is ideal for investors seeking a diversified portfolio with significant upside potential, offering a blend of stable rental income and the opportunity to capitalize on the vacant commercial and residential units. The asking price is $429,999. This is a rare opportunity to acquire a well-positioned mixed-use property with proven income and significant growth potential.

    Property Features for 26345 Gratiot Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    6,624 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Liberty Drop In Center ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.94209
    Latitude
    42.48972

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    FAQs

    What type of property is this?
    Industrial property - High-yield industrial/residential building. Excellent income potential.
    Where is this industrial property located?
    The property is located at 26345 Gratiot Ave Roseville, MI.
    What is the asking price?
    The asking price for this property is $429,999.
    (248) 635-2880
    Request Owner's contact information
    26345 Gratiot Ave Roseville, MI 48066
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    Roseville, MI 48066
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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
    26345 Gratiot Ave Roseville, MI 48066
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