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Three-Unit Retail/Flex Building
For Sale
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46896-46916 Gratiot Avenue, Chesterfield, MI 48051

Three-unit retail/flex building with strong visibility and a rear parking field.

Property Size12,300 SF
Days on Market120

Property Features for 46896-46916 Gratiot Avenue

General Information

Standard status Active
Size 12,300 SF
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Thomas Duke Company
Listed By: Dave Tesch · License #MI 6501378844
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 6:47AM

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 Duke Company

Investment Insights

Based on property information with market context.

This 12,300 SF three-unit retail/flex building is positioned to serve multiple tenants within one facility. The property is configured as three separate units, offering flexible space for retail or light flex use.

The building is situated on a highly traveled corridor, supporting strong visibility. A large parking field is located at the rear of the building, providing on-site parking for visitors and occupants.

The offering is for sale.

Key Highlights

  • 12,300 SF three‑unit retail/flex building
  • Located on a highly traveled corridor
  • Large parking field at the rear of the building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Pharmacy Real Estate Agency Restaurant Building Supply Garden 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Three-unit retail/flex building with strong visibility and a rear parking field.
Where is this flex space located?
The property is located at 46896-46916 Gratiot Avenue Chesterfield, MI.
What are key features of this property?
This property features: 12,300 SF three‑unit retail/flex building; Located on a highly traveled corridor; Large parking field at the rear of the building
(248) 479-0126 Call to check price and availability
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