Remodeled Storefront Office
New
For Lease
$900/Mo
48985 Gratiot Ave, New Baltimore, MI 48051
Glass-fronted commercial space with direct parking, a private office, and access from both the front and rear.
Space SizeContact for details
Days on Market2
Property Features for 48985 Gratiot Ave
General Information
Standard status
Active
Property subtype
Commercial
Space & Availability
Space Use
Office
Private Offices
1
Additional Details
Road Access
Yes
Amenities
large glass front windows
parking
private walled off office
large tiled bathroom
gas forced air furnace with C/A
front and rear entry points
Building Details
Year Built
1959
Listed By:
Thomas J. Figlan
(586) 598-1400
Source:
Elliman
Added: Sep 16
Last Checked: Sep 16 at 1:41PM
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 J. Figlan
Investment Insights
Based on property information with market context.
This remodeled storefront offers a flexible commercial layout with a 27-by-25-foot open main area, large glass windows, and a separate private office enclosed by walls. The space also includes a large tiled bathroom, gas forced-air heat with central air, and entry points at both the front and rear. Parking is available directly in front of the property and along the side.
Positioned at the signalized intersection of 22 Mile Road and Gratiot Avenue, the space benefits from exposure to passing traffic while vehicles are stopped at the light. It is attached to the historic former Furton Realty building and is suited to office or retail use, including real estate or insurance operations as identified in the property information.
Positioned at the signalized intersection of 22 Mile Road and Gratiot Avenue, the space benefits from exposure to passing traffic while vehicles are stopped at the light. It is attached to the historic former Furton Realty building and is suited to office or retail use, including real estate or insurance operations as identified in the property information.
Key Highlights
- 27‑by‑25‑foot open main area
- Large glass storefront windows with Gratiot Avenue exposure
- Private walled office and large tiled bathroom
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for New Baltimore, MI
$17.65 /SF/Yr
Avg Asking Price
$3.6–$35 /SF/Yr
Price Range
26,056 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Glass-fronted commercial space with direct parking, a private office, and access from both the front and rear.
Where is this storefront property located?
The property is located at 48985 Gratiot Ave New Baltimore, MI.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: 27‑by‑25‑foot open main area; Large glass storefront windows with Gratiot Avenue exposure; Private walled office and large tiled bathroom
