Retail Storefront with Pole
27380 Gratiot Avenue Roseville, MI 48066
27380 Gratiot Avenue, Roseville, MI, 48066
$210,000
For Sale
$210,000
COMMERCIAL - Roseville, MI
Property Size1,706 SF
Lot Size0.12 Acres
Price / SF$123.09
Days on Market778
Property Features for 27380 Gratiot Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 08-14-17-453-016
- Size
- 1,706 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1940
- Roof type
- Shingle
Listing agency
Pilot Property Group - Residential LLC
(586) 254-0900
Listed by
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Jun 4, 2024 Updated: Jun 3 at 5:40PM Checked: Jul 21 at 12:06PM
MLS# 50144128
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail storefront totals 1,706 square feet and sits on a 0.12-acre lot. The building has operated as a salon for the past 30 years, and it includes exposure from a large pole sign on Gratiot Avenue. The existing business may be available for purchase for additional consideration, and showings are appointment only—please do not disturb employees.
Located in Roseville, the property is described as just seconds from I-696 and is surrounded by well-established businesses, including Costco and nearby local destinations such as the Roseville Rec Center and Joe Randazzo’s.
With its highly visible frontage and proven storefront use, the property may be a practical fit for an operator seeking a ready retail layout with an experienced, established tenant profile. Prospective buyers and tenants should plan to coordinate through the listing process due to the active operation, and any interest in acquiring the business would be handled separately from the real estate offering.
Located in Roseville, the property is described as just seconds from I-696 and is surrounded by well-established businesses, including Costco and nearby local destinations such as the Roseville Rec Center and Joe Randazzo’s.
With its highly visible frontage and proven storefront use, the property may be a practical fit for an operator seeking a ready retail layout with an experienced, established tenant profile. Prospective buyers and tenants should plan to coordinate through the listing process due to the active operation, and any interest in acquiring the business would be handled separately from the real estate offering.
Key Highlights
- Traffic counts exceed 60,000 VPD on Gratiot Ave, with a large pole sign for exposure
- Building built in 1940 with forced air heating
- Parking lot on‑site
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.5k | $12.00 |
| − Vacancy | −$2.5k | −$1.44 |
| EGI | $18.0k | $10.56 |
| − OpEx | −$5.4k | −$3.17 |
| NOI | $12.6k | $7.39 |
1,706 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$180.2K
$157.6K – $210.2K
NOI $12,611 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$319.4K
$279.5K – $372.6K
NOI $22,357 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
London Calling
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Kroger Floral — 26130 Gratiot Ave, Roseville, MI 48066
FAQs
What type of property is this?
Storefront property - Well-located retail storefront with a large pole sign and established salon history along Gratiot Avenue.
Where is this storefront property located?
The property is located at 27380 Gratiot Avenue Roseville, MI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Traffic counts exceed 60,000 VPD on Gratiot Ave, with a large pole sign for exposure; Building built in 1940 with forced air heating; Parking lot on‑site
