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Commercially Zoned Income Property
For Sale
$199,900

3076 Krafft Rd, Fort Gratiot, MI 48059

Income property with nine single-room units on commercially zoned lot.

Property Size2,411 SF
Lot Size1.13 Acres
Days on Market164

Property Features for 3076 Krafft Rd

General Information

Standard status Active
Size 2,411 SF
Lot size 1.13 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,825

Building Details

Building Size 2,411 SF
Year Built 1930
Listing Agency:
Listed By: Thomas L Coleman
Source: Elliman
Added: Mar 10 Changed: Aug 12 Last Checked: Aug 20 at 7:51AM

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 Thomas L Coleman

Investment Insights

Based on property information with market context.

This property presents an opportunity for investors or owner-operators. Situated on a commercially zoned lot, it features a main living area designed for shared use by tenants. The property includes nine single-room units, each equipped with a private closet. This setup is suitable for long-term rentals, corporate housing, or transitional living arrangements. The commercial zoning provides versatility for future development or mixed-use potential. The property is located near shopping, dining, beaches and parks.

Key Highlights

  • Commercially zoned lot offers versatility for future development or mixed‑use.
  • Nine single‑room units provide multiple income streams and steady cash flow potential.
  • Spacious main living area designed for shared tenant use.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Law Firm

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

578
Businesses Nearby

Demographics for 48059, MI

15,319
Population
7,324
Households
2.1
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
31.7 sq mi
ZIP Area
483
Density / Sq Mi
$78,841
Median Household Income
$44,716
Median Earnings
$956
Median Rent
$199,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income property with nine single-room units on commercially zoned lot.
Where is this multifamily property located?
The property is located at 3076 Krafft Rd Fort Gratiot, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Commercially zoned lot offers versatility for future development or mixed‑use.; Nine single‑room units provide multiple income streams and steady cash flow potential.; Spacious main living area designed for shared tenant use.
More about this property
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