Freestanding Retail Building on
For Lease
$1,750/Mo
49540 gratiot Ave, New Baltimore, MI 48051
High-visibility retail building in Chesterfield Township with flexible configurations.
Space SizeContact for details
Lot Size0.69 Acres
Days on Market151
Property Features for 49540 gratiot Ave
General Information
Standard status
Active
Lot size
0.69 Acres
Property subtype
Commercial
Building Details
Year Built
1991
Listing Agency:
(248) 250-1201
Listed By:
Andy Karana
(248) 250-1201
Source:
Elliman
Added: Mar 24
Changed: Aug 13
Last Checked: Aug 21 at 8:48AM
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 Andy Karana
Investment Insights
Based on property information with market context.
This freestanding 5-unit retail building is strategically located along the high-traffic Gratiot Avenue corridor in Chesterfield Township. Zoned for mixed-use, the property is suitable for medical practices, wellness centers, boutique retail, or service-based businesses. Each unit features independent water lines and restrooms, allowing for flexible multi-tenant or single-user configurations. The building will be delivered vacant. With 31 dedicated parking spaces, this site supports immediate occupancy and long-term scalability. Constructed in 1991, the roof was replaced in 2012. Tenants benefit from proximity to major roadways, retail hubs, and residential neighborhoods. A purchase option is available.
Key Highlights
- High‑traffic location on Gratiot Avenue with exceptional visibility and accessibility.
- Delivered vacant, offering a clean slate for customization.
- Zoned for mixed‑use, ideal for medical, wellness, retail, or service businesses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 91%
Dining 4%
Shops & Services 3%
Home Improvements & Furnishings 1%
Kohl's
Apparel
60,724 visits/mo
0.5 miles
T.J. Maxx
Apparel
45,999 visits/mo
0.5 miles
Burlington
Apparel
21,183 visits/mo
0.4 miles
Old Navy
Apparel
20,867 visits/mo
0.5 miles
Chop House
Dining
6,681 visits/mo
0.4 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail building in Chesterfield Township with flexible configurations.
Where is this retail space located?
The property is located at 49540 gratiot Ave New Baltimore, MI.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: High‑traffic location on Gratiot Avenue with exceptional visibility and accessibility.; Delivered vacant, offering a clean slate for customization.; Zoned for mixed‑use, ideal for medical, wellness, retail, or service businesses.
