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Detroit Retail Space For Sale
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10533 Gratiot Ave, Detroit, MI 48213

Retail space available for purchase in Detroit, Michigan.

Property Size1,344 SF
Price / SF$930.06
Days on Market830

Property Features for 10533 Gratiot Ave

General Information

Standard status Active
Size 1,344 SF
Property subtype Retail
Zoning M2

Building Details

Year Built 2013
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Signature Associates Southfield
Listed By: Chris Monsour · License #MI 6502135141
Source: Crexi
Added: May 24, 2024 Changed: Aug 27 Last Checked: Aug 29 at 3:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates Southfield

Investment Insights

Based on property information with market context.

This retail space, located in Detroit, Michigan, is available for sale. The property offers a total size of 1344 square feet.

Key Highlights

  • Built in 2013 (relatively new construction)

Property Analytics

Current Use

Tim Hortons Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
McDonald's Dining
22,885 visits/mo 0.2 miles
Family Dollar Shops & Services
15,657 visits/mo 0.4 miles
White Castle Dining
12,107 visits/mo 0.1 miles
Bank of America Shops & Services
7,770 visits/mo 0.2 miles
Tim Hortons Dining
7,456 visits/mo 0.1 miles

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for purchase in Detroit, Michigan.
Where is this retail space located?
The property is located at 10533 Gratiot Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Built in 2013 (relatively new construction)
More about this property
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