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Retail Space with Overhead Door

46700 Gratiot, New Baltimore, MI 48051

For Lease
$1,600/Mo

The space supports office, retail, or storage use and includes a high-ceiling rear area.

Space Size1,679 SF
Days on Market655

Property Features for 46700 Gratiot

General Information

Standard status Active
Size 1,679 SF
Net Rentable 1,679 SF
Zoning Commercial

Space & Availability

Available Space 1,679 SF
Contiguous Space 1,679 SF

Amenities

overhead door
large parking lot
high ceiling

Building Details

Year Built 1992
Listing Agency: King Commercial Realty, LLC
Listed By: Anthony Sievert · License MI #6502422805
Source: Jabachler
Added: Jan 29, 2025 Changed: Nov 11 Last Checked: Nov 13 at 8:03PM

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 King Commercial Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Located at Oakwood Square Shopping Center, this 1,679-square-foot retail space is suited to office, retail, or storage use. An overhead door serves the space, and the rear section has a high ceiling. The property was built in 1992 and is zoned Commercial.

A large parking lot is located behind the shopping center. The property is at 46700 Gratiot in Chesterfield Township, Michigan.

Key Highlights

  • 1,679 square feet of office, retail, or storage space
  • Overhead door and high ceiling in the rear portion
  • Large parking lot behind Oakwood Square Shopping Center

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Law Firm Daycare Center Garden Center Pharmacy Carpet & Flooring Store Grocery & Convenience 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
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 48051, MI

17,718
Population
7,255
Households
2.4
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
1,248
Density / Sq Mi
$89,923
Median Household Income
$50,569
Median Earnings
$1,064
Median Rent
$247,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Baltimore, MI

$14.19 /SF/Yr
Avg Asking Price
$3.6–$35 /SF/Yr
Price Range
15,342 SF
Avg Space Size

This space is priced 19% below the average of $14.19 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Macomb County, MI

$16.66 Jul
$19.31 Aug
$19.69 Sep
$21.23 Oct

Properties on Market for Retail space 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?
Retail space - The space supports office, retail, or storage use and includes a high-ceiling rear area.
Where is this retail space located?
The property is located at 46700 Gratiot New Baltimore, MI.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 1,679 square feet of office, retail, or storage space; Overhead door and high ceiling in the rear portion; Large parking lot behind Oakwood Square Shopping Center
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