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Live-Work Commercial Building
For Lease
$2,000/Mo

24450 Gratiot Avenue, Eastpointe, MI 48021

Two-level property combines a retail-oriented commercial area with an upstairs apartment and private parking.

Space Size2,260 SF
Days on Market565

Property Features for 24450 Gratiot Avenue

General Information

Standard status Active
Size 2,260 SF
Net Rentable 2,260 SF
Zoning Commercial, Multiple
Lease Term Lease

Space & Availability

Available Space 2,260 SF
Contiguous Space 2,260 SF
Space Use Mixed
Available From 2025-05

Lease Terms

Lease Rate $2,000 /USD/MO
Monthly Rent $2,000
Rent per SF/Year $10.62

Building Details

Building Size 2,260 SF
Year Built 1946
Units 2
Listing Agency: Century 21 Curran & Oberski
Listed By: Yvette Byrd · License #6501400154
Source: Sabudarealty
Added: Feb 4, 2025 Changed: Aug 22 Last Checked: Aug 22 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 Century 21 Curran & Oberski

Investment Insights

Based on property information with market context.

This 2,260-square-foot live-work property at 24450 Gratiot Avenue includes separate commercial and residential components. The lower level is a retail-zoned commercial area with a half bath, while the upper level contains a two-bedroom apartment with a full bath. Built in 1946, the building carries Commercial, Multiple zoning and includes a private parking lot.

The property is positioned in a high-traffic area beside established businesses, with visibility and pedestrian activity noted in the surrounding setting. The configuration supports occupancy by one tenant seeking to combine business operations and living space, subject to the stated lease requirements. The tenant is responsible for all utilities, and move-in is scheduled for May 2025.

Key Highlights

  • 2,260‑square‑foot mixed‑use commercial building
  • Lower‑level commercial area with half bath and retail zoning
  • Upper‑level 2‑bedroom apartment with full bath

Property Analytics

Current Use

Totally U Boutique Clothing Store Kreyatif Arts & Krafts Interior Design

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Parking Lot & Garage Building Supply HVAC Service Barber 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
$1.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Two-level property combines a retail-oriented commercial area with an upstairs apartment and private parking.
Where is this live-work space located?
The property is located at 24450 Gratiot Avenue Eastpointe, MI.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2,260‑square‑foot mixed‑use commercial building; Lower‑level commercial area with half bath and retail zoning; Upper‑level 2‑bedroom apartment with full bath
More about this property
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