Search
Corner Commercial Land

27990 Gratiot Avenue, Roseville, MI 48066

For Sale
New
Contact for pricing

B-3-zoned site with an existing bank building and drive-thru, or potential for redevelopment.

Property Size4,675 SF
Days on Market2

Property Features for 27990 Gratiot Avenue

General Information

Standard status Active
Size 4,675 SF
Property subtype Retail
Zoning B-3: General Business

Building Details

Building Size 4,675 SF
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: George Sheena · License MI #6501451319
Source: Midamericagrp
Added: Nov 8 Last Checked: Nov 8 at 4:49PM

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 Mid America Real Estate - Michigan Inc

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 1.68-acre property includes a 4,675-square-foot former bank building, a 1,443-square-foot basement, and 48 parking spaces. The building has a drive-thru, and the site may also be redeveloped with a new pad building. B-3: General Business zoning permits principal uses including banks, car washes, and restaurants; gas stations and oil changes require special approval. Build-to-suit and ground lease arrangements are available.

At the southeast corner of Gratiot Avenue and Martin Road, the property has approximately 247 feet of Gratiot Avenue frontage, multiple access points, and a lighted intersection. Gratiot Avenue carries over 40,000 vehicles per day. The site is south of 12 Mile Road and minutes from I-696 and I-94. Retailers in the corridor include Costco, Walmart, Sam’s Club, Kroger, Aldi, T.J. Maxx, Marshalls, and Five Below; nearby businesses include Starbucks, Taco Bell, McDonald’s, and CVS.

Key Highlights

  • 1.68‑acre corner site at Gratiot Avenue and Martin Road
  • Approximately 247 feet of frontage on Gratiot Avenue, which sees over 40,000 vpd
  • Existing 4,675 SF building with drive‑thru and 1,443 SF basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Comerica Bank - ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic Daycare Center

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

571
Businesses Nearby
255k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 43% Dining 21% Shops & Services 19% Apparel 15%
Costco Wholesale Superstores
109,477 visits/mo 0.5 miles
Marshalls Apparel
38,378 visits/mo 0.5 miles
McDonald's Dining
27,507 visits/mo 0.1 miles
Dollar Tree Shops & Services
18,707 visits/mo 0.5 miles
Speedway Shops & Services
16,949 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Macomb County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - B-3-zoned site with an existing bank building and drive-thru, or potential for redevelopment.
Where is this commercial land located?
The property is located at 27990 Gratiot Avenue Roseville, MI.
What are key features of this property?
This property features: 1.68‑acre corner site at Gratiot Avenue and Martin Road; Approximately 247 feet of frontage on Gratiot Avenue, which sees over 40,000 vpd; Existing 4,675 SF building with drive‑thru and 1,443 SF basement
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved