Gratiot Avenue Commercial Redevelopment
For Sale
$150,000
24953 Gratiot Ave, Eastpointe, MI 48021
High-visibility commercial property on Gratiot, ideal for redevelopment.
Property Size1,161 SF
Lot Size0.25 Acres
Price / SF$129.20
Days on Market230
Property Features for 24953 Gratiot Ave
General Information
Standard status
Active
Size
1,161 SF
Lot size
0.25 Acres
Building Details
Year Built
1932
Listing Agency:
Benjamin Management Group, Inc
Listed By:
Ethan Strauss
(248) 410-8987
Source:
Katie-k
Added: Mar 10
Changed: Oct 10
Last Checked: Oct 7 at 4:56PM
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 Benjamin Management Group, Inc
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Investment Insights
Based on property information with market context.
This commercial property, formerly The Plum Pit, is available for sale on Gratiot Avenue. Situated at the corner of Gratiot and 10 Mile, the location offers significant traffic exposure. The existing structure requires renovation or demolition, presenting an opportunity for investors or developers interested in redevelopment. The sale includes an adjacent land parcel of 0.19 acres and an on-site billboard, totaling nearly a quarter acre of land. This property offers the potential to revitalize a key corner in a high-traffic corridor. The property is sold as-is.
Key Highlights
- Prime location at the corner of Gratiot and 10 Mile with strong traffic exposure.
- Redevelopment opportunity for investors or developers.
- Includes adjacent land parcel (0.19 acres), totaling nearly a quarter acre.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
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Business Placement
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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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility commercial property on Gratiot, ideal for redevelopment.
Where is this commercial land located?
The property is located at 24953 Gratiot Ave Eastpointe, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime location at the corner of Gratiot and 10 Mile with strong traffic exposure.; Redevelopment opportunity for investors or developers.; Includes adjacent land parcel (0.19 acres), totaling nearly a quarter acre.
