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Prime Retail Lot in Michigan
For Sale
$549,000

4718 24TH Ave, Fort Gratiot, MI 48059

High-traffic commercial lot with retail potential in Fort Gratiot.

Property Size111 SF
Lot Size3.30 Acres
Days on Market153

Property Features for 4718 24TH Ave

General Information

Standard status Active
Size 111 SF
Lot size 3.30 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,639

Building Details

Building Size 111 SF
Listing Agency: Exp Realty
Listed By: Roger Wesch · License #6505396716
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 12:02PM

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 Exp Realty

Investment Insights

Based on property information with market context.

This commercial lot, located in Fort Gratiot, Michigan, presents a retail opportunity due to its location in a high-traffic area. The property is situated across from established businesses and restaurants. It features approximately 270 feet of frontage on 24th Ave. The site is suitable for various business uses. The property includes approximately 2.1 acres facing 24th Ave, with an additional 1.2 acres included with frontage off Meadowlawn St. There are two additional lots available, totaling five lots, which comprise approximately 3.3 acres. The rear lots offer the option of future expansion or additional development, enhancing the site's flexibility for investors or businesses.

Key Highlights

  • Prime retail location in a high‑traffic area of Fort Gratiot.
  • Approximately 270 feet of frontage on 24th Ave.
  • Located across from established businesses and popular restaurants.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Kitchen & Bath Showroom

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

655
Businesses Nearby
495k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 25% Dining 24% Shops & Services 17% Superstores 14%
Target Superstores
67,758 visits/mo 0.2 miles
T.J. Maxx Apparel
44,092 visits/mo 0.3 miles
Kohl's Apparel
40,616 visits/mo 0.4 miles
Dunham's Sports Apparel
32,311 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
26,196 visits/mo 0.2 miles

Demographics for 48059, MI

15,319
Population
7,324
Households
2.1
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
31.7 sq mi
ZIP Area
483
Density / Sq Mi
$78,841
Median Household Income
$44,716
Median Earnings
$956
Median Rent
$199,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - High-traffic commercial lot with retail potential in Fort Gratiot.
Where is this commercial land located?
The property is located at 4718 24TH Ave Fort Gratiot, MI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Prime retail location in a high‑traffic area of Fort Gratiot.; Approximately 270 feet of frontage on 24th Ave.; Located across from established businesses and popular restaurants.
More about this property
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