Former Restaurant Retail
51295 Gratiot Avenue Chesterfield Township, MI 48051
51295 Gratiot Avenue, Chesterfield Township, MI, 48051
Contact for pricing
For Sale
Contact for pricing
Pending
Former national restaurant on a 1.24-acre C-3 zoned site at a hard-corner intersection.
Property Size5,111 SF
Lot Size1.24 Acres
Days on Market102
Property Features for 51295 Gratiot Avenue
General Information
- Standard status
- Pending
- Size
- 5,111 SF
- Lot size
- 1.24 Acres
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source
Crexi
Added: Apr 12 Updated: Jul 20 at 8:04PM Checked: Jul 21 at 6:16AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Redevelopment or leasing opportunity on a 1.24-acre lot featuring a 5,111 SF former national restaurant building. The property is zoned C-3, General Commercial, supporting a wide range of retail and business uses.
Located near the signalized, hard-corner intersection of Gratiot Avenue and 23 Mile Road, with average daily traffic reported at 41,600 vehicles. The site also benefits from nearby direct on/off-ramp access to Interstate 94, averaging 55,400 vehicles per day.
The building is positioned as an outparcel to a shopping center anchored by The Home Depot, which also includes PetSmart, Michaels, and Autozone. The immediate area is further supported by big-box retailers including Target, Lowe’s Home Improvement, and Meijer, along with other nearby national/credit tenants. Several apartment complexes surround the site, including Aspen Creek (776 units), Oakview Square (192 units), and Willows Apartments (195 units).
Located near the signalized, hard-corner intersection of Gratiot Avenue and 23 Mile Road, with average daily traffic reported at 41,600 vehicles. The site also benefits from nearby direct on/off-ramp access to Interstate 94, averaging 55,400 vehicles per day.
The building is positioned as an outparcel to a shopping center anchored by The Home Depot, which also includes PetSmart, Michaels, and Autozone. The immediate area is further supported by big-box retailers including Target, Lowe’s Home Improvement, and Meijer, along with other nearby national/credit tenants. Several apartment complexes surround the site, including Aspen Creek (776 units), Oakview Square (192 units), and Willows Apartments (195 units).
Key Highlights
- 5,111 SF former national restaurant on a 1.24‑acre site in Chesterfield Township, Michigan (Detroit MSA).
- C‑3, General Commercial zoning allows a wide range of retail and business uses.
- Hard‑corner location near the signalized intersection of Gratiot Avenue and 23 Mile Road with approx. 41,600 vehicles per day.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Former national restaurant on a 1.24-acre C-3 zoned site at a hard-corner intersection.
Where is this conventional restaurant located?
The property is located at 51295 Gratiot Avenue Chesterfield Township, MI.
What are key features of this property?
This property features: 5,111 SF former national restaurant on a 1.24‑acre site in Chesterfield Township, Michigan (Detroit MSA).; C‑3, General Commercial zoning allows a wide range of retail and business uses.; Hard‑corner location near the signalized intersection of Gratiot Avenue and 23 Mile Road with approx. 41,600 vehicles per day.
