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Retail Space in Fort Gratiot
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4405 24th Avenue, Fort Gratiot, MI 48059

Retail space available in a growing commercial corridor.

Days on Market145

Property Features for 4405 24th Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1993
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Eric Unatin
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 10 at 1:15PM

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

Investment Insights

Based on property information with market context.

The retail corridor along 24th Avenue in Fort Gratiot Township, Michigan, has demonstrated resilience and growth in recent years. A key driver of this vitality is Birchwood Mall, which under new ownership since February 2021, has actively embraced locally owned businesses, fostering a diverse mix of retail and entertainment options.

Key Highlights

  • Located in a resilient and growing retail corridor.
  • Birchwood Mall is a key driver of the area's vitality.
  • Birchwood Mall is under new ownership since February 2021.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Home Appliance Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby
424k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 25% Shops & Services 21% Apparel 18% Superstores 16%
Target Superstores
67,758 visits/mo 0.2 miles
Kohl's Apparel
40,616 visits/mo 0.3 miles
Dunham's Sports Apparel
32,311 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
26,196 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
23,932 visits/mo 0.3 miles

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 Retail in Midwest region

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

What type of property is this?
Retail space - Retail space available in a growing commercial corridor.
Where is this retail space located?
The property is located at 4405 24th Avenue Fort Gratiot, MI.
What are key features of this property?
This property features: Located in a resilient and growing retail corridor.; Birchwood Mall is a key driver of the area's vitality.; Birchwood Mall is under new ownership since February 2021.
More about this property
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