Corner Retail Redevelopment
For Sale
$150,000
24953 Gratiot Avenue, Eastpointe, MI 48021
Corner storefront property on Gratiot Avenue with included adjacent land parcel and on-site billboard, sold as-is for redevelopment.
Days on Market376
Property Features for 24953 Gratiot Avenue
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1932
Listing Agency:
Benjamin Management Group, Inc
(248) 410-8987
Listed By:
Ethan Strauss
(248) 410-8987
Source:
Homesforsaleinmich
Added: Jul 21, 2025
Changed: Jul 24
Last Checked: Jul 30 at 1:19PM
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
Investment Insights
Based on property information with market context.
This high-visibility corner retail property is being offered for sale with the option to renovate or pursue a tear-down redevelopment. The sale includes the existing building and an adjacent land parcel, and it also includes an on-site billboard. The property is sold as-is, with renovation needs to be expected.
The site is located at the corner of Gratiot Avenue and 10 Mile, providing exposure along a well-traveled corridor. In total, the offering includes nearly a quarter acre of land when the adjacent parcel is considered.
For buyers evaluating redevelopment concepts, the combination of corner positioning, included land, and billboard improvements provides a flexible starting point for a future site plan. BATVAI.
The site is located at the corner of Gratiot Avenue and 10 Mile, providing exposure along a well-traveled corridor. In total, the offering includes nearly a quarter acre of land when the adjacent parcel is considered.
For buyers evaluating redevelopment concepts, the combination of corner positioning, included land, and billboard improvements provides a flexible starting point for a future site plan. BATVAI.
Key Highlights
- Corner storefront commercial property on Gratiot Avenue at 10 Mile, with high‑traffic exposure
- Built in 1932; property is sold as‑is and is in need of renovation or tear‑down
- Sale includes an adjacent land parcel of 0.19 acres
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 39%
Superstores 22%
Dollar Tree
Shops & Services
18,315 visits/mo
0.5 miles
Big Lots
Superstores
14,843 visits/mo
0.4 miles
Little Caesars Pizza
Dining
13,780 visits/mo
0.4 miles
Olive Garden
Dining
12,676 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,289 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Kroger Floral — 26130 Gratiot Ave, Roseville, MI 48066
Frequently Asked Questions
What type of property is this?
Storefront property - Corner storefront property on Gratiot Avenue with included adjacent land parcel and on-site billboard, sold as-is for redevelopment.
Where is this storefront property located?
The property is located at 24953 Gratiot Avenue 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: Corner storefront commercial property on Gratiot Avenue at 10 Mile, with high‑traffic exposure; Built in 1932; property is sold as‑is and is in need of renovation or tear‑down; Sale includes an adjacent land parcel of 0.19 acres