Mixed-Use Property with Dry
New
For Sale
$550,000
23349 Gratiot Avenue, Eastpointe, MI 48021
An operating dry-cleaning business occupies the property alongside two rental units.
Property SizeContact for details
Days on Market2
Property Features for 23349 Gratiot Avenue
General Information
Standard status
Active
Financials
Gross Income
$28,800
Business Included
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Paint Creek
(248) 609-8000
Listed By:
Yoon Noh · License #6501422195
(248) 494-8287
Source:
Charterpropertiesgr
Added: Nov 3
Last Checked: Nov 3 at 2:31PM
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 Keller Williams Paint Creek
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Investment Insights
Based on property information with market context.
The mixed-use property at 23349 Gratiot Avenue includes an established, owner-operated dry-cleaning business and two additional rental units. The seller is willing to offer training and transition assistance to a first-time dry-cleaning business owner.
The property fronts Gratiot Avenue near the entrance to a residential neighborhood. Inquiries and showing arrangements are to be coordinated through the listing agent; business operations are not to be disturbed.
The property fronts Gratiot Avenue near the entrance to a residential neighborhood. Inquiries and showing arrangements are to be coordinated through the listing agent; business operations are not to be disturbed.
Key Highlights
- Established, owner‑operated dry‑cleaning business
- Two additional rental units
- Seller willing to provide training and transition assistance to a first‑time dry‑cleaning business owner
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Beauty & Spa 17%
Electronics 15%
Shops & Services 11%
Tropical Smoothie Cafe
Dining
5,952 visits/mo
0.5 miles
Wingstop
Dining
5,107 visits/mo
0.5 miles
My Salon Suite
Beauty & Spa
4,118 visits/mo
0.5 miles
GameStop
Electronics
2,881 visits/mo
0.4 miles
SUBWAY
Dining
2,856 visits/mo
0.5 miles
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating dry-cleaning business occupies the property alongside two rental units.
Where is this mixed-use property located?
The property is located at 23349 Gratiot Avenue Eastpointe, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Established, owner‑operated dry‑cleaning business; Two additional rental units; Seller willing to provide training and transition assistance to a first‑time dry‑cleaning business owner
