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Storefront with Basement
New
For Sale
$275,000

24915 Gratiot Avenue, Eastpointe, MI 48021

Commercial zoning, a rear lot, and municipal parking behind the building support a range of business configurations.

Property Size3,945 SF
Price / SF$69.71
Days on Market5

Property Features for 24915 Gratiot Avenue

General Information

Standard status Active
Size 3,945 SF
Property subtype Commercial
Zoning Commercial

Building Details

Building Size 3,945 SF
Year Built 1928
Buildings 1
Listing Agency: Pettine Realty Company
Listed By: Raymond Pettine · License #MISPE-6501279606
Source: Buskardgroup
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:29PM

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

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Investment Insights

Based on property information with market context.

Built in 1928, this 3,945-square-foot storefront includes a small basement for storage. The sale covers two parcels: the building site and a vacant lot at the rear. The property is offered in as-is condition and was formerly occupied by Patton Hardware.

The storefront is on Gratiot Avenue in Eastpointe, Michigan. A large municipal parking lot sits behind the building, providing nearby parking access.

Key Highlights

  • 3,945‑square‑foot storefront built in 1928
  • Sale includes two parcels: the building site and a vacant rear lot
  • Small basement provides additional storage

Property Analytics

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Open Analytics

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.

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

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 - Commercial zoning, a rear lot, and municipal parking behind the building support a range of business configurations.
Where is this storefront property located?
The property is located at 24915 Gratiot Avenue 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 built in 1928; Sale includes two parcels: the building site and a vacant rear lot; Small basement provides additional storage
More about this property
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