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Commercial Property on Gratiot Avenue
For Sale
$175,000

24953 Gratiot Ave, Eastpointe, MI 48021

High-visibility commercial property on Gratiot Avenue, ideal for redevelopment.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market267

Property Features for 24953 Gratiot Ave

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Commercial

Building Details

Year Built 1932
Listing Agency:
Listed By: Barbara K Keila · License #6501288233
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 20 at 11:43AM

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 Barbara K Keila

Investment Insights

Based on property information with market context.

This commercial property, formerly The Plum Pit, is located on Gratiot Avenue at the corner of 10 Mile, offering high traffic exposure. The existing structure requires renovation or demolition, presenting a redevelopment opportunity for investors or developers. The sale includes an adjacent land parcel of 0.19 acres and an on-site billboard, totaling nearly a quarter acre of land. This property offers the potential to revitalize a corner in a high-traffic corridor. The property is sold as-is.

Key Highlights

  • High‑visibility location at the corner of Gratiot and 10 Mile with strong traffic exposure
  • Includes adjacent land parcel (0.19 acres), totaling nearly a quarter acre
  • Redevelopment opportunity for investors or developers

Property Analytics

Current Use

The Plum Pit (Bike/Boat/Book/etc) Store Blacklist Provisions Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Law Firm Gym & Fitness Center Electrical Service

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

592
Businesses Nearby

Demographics for 48021, MI

34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-visibility commercial property on Gratiot Avenue, ideal for redevelopment.
Where is this commercial land located?
The property is located at 24953 Gratiot Ave Eastpointe, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: High‑visibility location at the corner of Gratiot and 10 Mile with strong traffic exposure; Includes adjacent land parcel (0.19 acres), totaling nearly a quarter acre; Redevelopment opportunity for investors or developers
More about this property
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