Renovated Mixed-Use
For Sale
$675,000
23001 - 23005 Gratiot Ave, Eastpointe, MI 48021
Retail and residential components include recently updated apartments beneath a newer roof.
Property Size8,553 SF
Price / SF$78.92
Days on Market106
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Property Features for 23001 - 23005 Gratiot Ave
General Information
Standard status
Active
Size
8,553 SF
Property subtype
Retail
Zoning
DT
Additional Details
Gross Income
$100,260
Building Details
Building Size
8,553 SF
Year Built
1956
Stories
2
Listing Agency:
Signature Associates - Southfield
Listed By:
Joe Stack
(248) 359-0615
Source:
Cpix.resimplifi
Added: Jul 2
Changed: Oct 10
Last Checked: Oct 14 at 7:50PM
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 Signature Associates - Southfield
Investment Insights
Based on property information with market context.
This mixed-use property combines retail space with residential apartments in an 8,553-square-foot building. The apartment units have been recently renovated, and the property also features a newer roof. Built in 1956, the building is designated DT under the stated zoning classification.
Located at 23001–23005 Gratiot Ave in Eastpointe, Michigan, the property presents a combined commercial and residential configuration within one building. The address and unit designations identify multiple retail and apartment components, supporting an integrated mixed-use layout.
Located at 23001–23005 Gratiot Ave in Eastpointe, Michigan, the property presents a combined commercial and residential configuration within one building. The address and unit designations identify multiple retail and apartment components, supporting an integrated mixed-use layout.
Key Highlights
- Mixed‑use retail and residential property at 23001–23005 Gratiot Ave
- 8,553‑square‑foot building
- Recently renovated apartment units
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and residential components include recently updated apartments beneath a newer roof.
Where is this mixed-use property located?
The property is located at 23001 - 23005 Gratiot Ave Eastpointe, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Mixed‑use retail and residential property at 23001–23005 Gratiot Ave; 8,553‑square‑foot building; Recently renovated apartment units
