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Renovated Strip Mall Space
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2055 Gratiot Ave, Detroit, MI 48207

Retail spaces are available within a substantially upgraded center with prominent signage and on-site parking.

Space SizeContact for details
Days on Market168

Property Features for 2055 Gratiot Ave

General Information

Standard status Active
Property subtype Strip Center
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Thebrokerlist
Added: Mar 16 Changed: Aug 29 Last Checked: Aug 29 at 3:52PM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

Village Green Plaza is a 71,000-square-foot retail strip center at 2055 Gratiot Ave in Detroit, offering available spaces from 1,390 to 10,400 square feet. Recent property improvements include a new exterior façade, lighting, parking lot upgrades, a replacement roof scheduled for 2026, and new HVAC systems.

The center includes a large monument sign and on-site parking. Current occupants include Planet Fitness, Little Caesars, Goodwill, Salon Centric, Spicy Thai Kitchen, Worden Insurance, Sheldon Medical Supply, Marysville Village Laundromat, and The Happy Hanger. The property is positioned in the heart of Marysville and serves retail, service, and food-oriented tenancy.

Key Highlights

  • 71,000 SF retail strip center at 2055 Gratiot Ave, Detroit, MI 48207
  • Available spaces range from 1,390 SF to 10,400 SF
  • New exterior façade, lighting, parking lot, and HVAC improvements

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Spa & Massage Center Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Dining 26%
Chase Bank Shops & Services
3,760 visits/mo 0.4 miles
BP Shops & Services
3,606 visits/mo 0.2 miles
Sala Thai Dining
3,150 visits/mo 0.5 miles
Comerica Bank Shops & Services
1,757 visits/mo 0.3 miles

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail spaces are available within a substantially upgraded center with prominent signage and on-site parking.
Where is this strip mall located?
The property is located at 2055 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: 71,000 SF retail strip center at 2055 Gratiot Ave, Detroit, MI 48207; Available spaces range from 1,390 SF to 10,400 SF; New exterior façade, lighting, parking lot, and HVAC improvements
More about this property
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