24850 Gratiot Ave, Eastpointe, MI 48021
Single-tenant building with 14-foot ceilings, second-floor flexibility, and parking plus a rear delivery area.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 1:59 am
Property Features for 24850 Gratiot Ave
General Information
- Standard status
- Active
- Size
- 4,716 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing agent Corbin Yaldoo License #6502431997 (248) 220-1110
Listing office C3 CRE, LLC (248) 220-1110
Listing date Jun 15, 2026
Source Cpix.resimplifi
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HighLights
- Single‑tenant retail/office building with finished second‑floor space for flexible use
- 14‑foot ceiling heights for adaptable retail, showroom, office, or service‑oriented layouts
- Brand‑new roof installed
- Parking for 12 vehicles plus a rear delivery area for loading and operations
- Located on a primary Macomb County commercial corridor with direct connectivity to I‑94
Overview
The building is positioned along one of Macomb County’s primary commercial corridors, with direct connectivity to the I-94 freeway. That combination supports strong visibility to passing traffic. The surrounding area includes a dense residential customer base as well as a mix of national and local businesses, creating a customer-and-service environment that can fit retail and office requirements.
For tenants or buyers, the property’s single-tenant setup can simplify operations and branding, while the finished second floor adds space that can be used to support additional functions under one roof. The on-site parking for 12 vehicles and a rear delivery area are practical for customer access and receiving needs, including routine deliveries tied to daily operations.
Local Financial Insights For Retail
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 | $56.6k | $12.00 |
| − Vacancy | −$6.8k | −$1.44 |
| EGI | $49.8k | $10.56 |
| − OpEx | −$14.9k | −$3.17 |
| NOI | $34.9k | $7.39 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
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- Michielutti Brothers Inc — 15033 E 9 Mile Rd, Eastpointe, MI 48021
- Benchmark Flooring & Carpentry — 15560 Deerfield Ave, Eastpointe, MI 48021
- Reveryday Carpet & Flooring Group — 22806 piper ave, eastpointe, mi 48021
Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.948079
- Latitude
- 42.478584
