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Storefront Property with Rear Lot
For Sale
$275,000

24915 GRATIOT AVE, Eastpointe, MI 48021

Two parcels include a commercial building, a rear lot, and basement storage.

Property Size3,945 SF
Price / SF$69.71
Days on Market51

Property Features for 24915 GRATIOT AVE

General Information

Standard status Active
Size 3,945 SF
Property subtype Industrial

Additional Details

Road Access Yes
Land Use commercial

Amenities

small basement for extra storage
3
Flat, Rubber
4013238114

Building Details

Year Built 1928
Buildings 1
Listing Agency: Pettine Realty Company
Listed By: Raymond Pettine · License #MISPE-6501279606
Source: Xome
Added: Jul 22 Changed: Sep 9 Last Checked: Sep 10 at 5:15AM

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 Pettine Realty Company

Investment Insights

Based on property information with market context.

This storefront property includes approximately 3,945 square feet in a building constructed in 1928. The sale encompasses two separate parcels: the building parcel and an empty lot positioned behind it. A small basement provides additional storage space, and the property is being offered in as-is condition.

The building fronts Gratiot Avenue in Eastpointe, Michigan, with exposure along the avenue. A large municipal parking lot is located behind the property, providing nearby parking for the site. The former hardware-store building offers an existing commercial structure for a new use, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • 3,945‑square‑foot storefront building
  • Two separate parcels included in the sale
  • Rear parcel is an empty lot

Property Analytics

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Current Use

Patton Hardware Glass ... Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Shops & Services 29% Groceries 15% Superstores 10%
Aldi Groceries
23,144 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,315 visits/mo 0.1 miles
Big Lots Superstores
14,843 visits/mo 0.3 miles
Little Caesars Pizza Dining
13,780 visits/mo 0.3 miles
Olive Garden Dining
12,676 visits/mo 0.0 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Bellisario Florist 23420 Gratiot Ave, Eastpointe, MI 48021
  • Kroger Floral 26130 Gratiot Ave, Roseville, MI 48066

Frequently Asked Questions

What type of property is this?
Storefront property - Two parcels include a commercial building, a rear lot, and basement storage.
Where is this storefront property located?
The property is located at 24915 GRATIOT AVE Eastpointe, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,945‑square‑foot storefront building; Two separate parcels included in the sale; Rear parcel is an empty lot
More about this property
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