15040 E 9 Mile Road, Eastpointe, MI 48021
Corner storefront with dedicated parking and strong visibility at a signalized intersection, suited for retail, office, or medical use.
- Added:
- Jun 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 20 at 9:10 am
Property Features for 15040 E 9 Mile Road
General Information
- Standard status
- Active
- Size
- 1,492 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1973
Listing agent Anthony James
Listing office Coldwell Banker Professionals
Listing date Jun 3, 2026
Source Crexi
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HighLights
- Corner commercial property built in 1973 at the signalized intersection of E. 9 Mile Road and Hayes Avenue
- Approximately 1,600 SF building with prominent storefront visibility and signage opportunities
- Dedicated parking for customer convenience
- Convenient access to Gratiot Avenue and other major thoroughfares
- Property suitable for retail, office, service, medical, or owner‑user occupancy
Overview
Located at the signalized intersection of E. 9 Mile Road and Hayes Avenue in Eastpointe, the site is described as highly visible with daily traffic and strong accessibility. The property is surrounded by dense residential neighborhoods and adjacent to established businesses, creating a consistent mix of nearby activity. Access to major routes including Gratiot Avenue can support visibility beyond the immediate intersection, and a nearby bus stop adds additional convenience for visitors.
With its corner location, storefront visibility, and off-street parking, the building is well suited to a range of practical occupancy types, including retail, office, service, and medical. Owner-users can leverage the prominent intersection setting for walk-in traffic, while brokers and investors can evaluate it as a multi-purpose commercial asset within a busy neighborhood corridor.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.5k | $19.80 |
| − Vacancy | −$3.5k | −$2.33 |
| EGI | $26.1k | $17.47 |
| − OpEx | −$10.4k | −$6.99 |
| NOI | $15.6k | $10.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.966211
- Latitude
- 42.464441
