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Corner Retail Building with Two Units
For Sale
$259,000

27203-27111 Gratiot Ave, Roseville, MI 48066

Corner retail building with two units, new HVAC in main building, and easy side-street and rear parking access.

Property Size3,636 SF
Price / SF$71.23
Days on Market46

Property Features for 27203-27111 Gratiot Ave

General Information

Standard status Active
Size 3,636 SF
Property subtype Street Retail
Zoning B-3

Site & Location

Traffic Count 50,387 vehicles/day
Highway Access Yes

Building Details

Building Size 3,636 SF
Year Built 1968
Tenancy Multi
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: John Dewald · License #6504136199
Source: Thebrokerlist
Added: Jul 10 Changed: Aug 20 Last Checked: Aug 24 at 3:14AM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

This 3,636 SF retail building sits on a corner lot and includes two units. The property was home to Eastside Music for over 40 years, with the previous business renting and selling musical instruments and providing music lessons. A new HVAC system has been installed in the main building.

The building is located on Gratiot Ave, just one block north of the I-696 area, and is positioned for visibility on a high-traffic corridor. Public remarks indicate more than 50,387 vehicles pass by each day. The site has easy access for the nearby population of 140,000 and offers side-street and rear parking.

Zoned B-3 General Business, the property is described as supporting a range of retail-oriented uses, including carry-out restaurants, salons, and insurance offices, among other general business applications.

Key Highlights

  • 3,636 SF retail building on a corner lot with two units
  • New HVAC system in the main building
  • Corner location on Gratiot Ave, one block north of the I‑696 ramp (E 11 Mile Rd area)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon HVAC Service

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

50,387 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby
292k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 38% Dining 33% Shops & Services 30%
Costco Wholesale Superstores
109,477 visits/mo 0.2 miles
Costco Gasoline Shops & Services
47,172 visits/mo 0.2 miles
McDonald's Dining
27,507 visits/mo 0.3 miles
National Coney Island Dining
16,733 visits/mo 0.2 miles
Burger King Dining
14,789 visits/mo 0.4 miles

Demographics for 48066, MI

47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value

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

  • Kroger Floral 26130 Gratiot Ave, Roseville, MI 48066

Frequently Asked Questions

What type of property is this?
Storefront property - Corner retail building with two units, new HVAC in main building, and easy side-street and rear parking access.
Where is this storefront property located?
The property is located at 27203-27111 Gratiot Ave Roseville, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 3,636 SF retail building on a corner lot with two units; New HVAC system in the main building; Corner location on Gratiot Ave, one block north of the I‑696 ramp (E 11 Mile Rd area)
More about this property
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