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    24850 Gratiot Ave Eastpointe, MI 48021

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    For Sale
    $695,000

    Showroom building with apartment and new roof for sale.

    Property size:
    4,711 SF
    Lot size:
    0.11 Acres

    Property Features for 24850 Gratiot Ave

    General Information

    Size
    4,711 SF
    Lot size
    0.11 Acres

    Source: Signature Associates Agent Joe Stack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Showroom Building with Live/Work Potential

    This is a showroom building that offers live/work potential. It includes an apartment with many updates. The building has a brand new roof and a total size of 4711 square feet. The property is located on Gratiot Ave in Eastpointe, MI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rapid service garage ... Repair Service III Pointes Event ... Banquet Hall

    Suggested Use

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

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

    Similar Places Nearby

    Versatility Tile LLC, Empire Tile & Marble Co, Michielutti Brothers Inc, Benchmark Flooring & Carpentry, Reveryday Carpet & Flooring Group

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.948079
    Latitude
    42.478584

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    FAQs

    What type of property is this?
    Showroom - Showroom building with apartment and new roof for sale.
    Where is this showroom located?
    The property is located at 24850 Gratiot Ave Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Excellent showroom building; - Live/work potential; - Apartment with many updates
    (248) 359-0615
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    24850 Gratiot Ave Eastpointe, MI 48021
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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
    24850 Gratiot Ave Eastpointe, MI 48021
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