Building Details

Tenancy Multi

Listing Agency: F L Andary Realty Company Inc Show Phone

Listed By: Frederick Andary Jr · License #6501176222 Show Phone

Source: Jabachler

Added: Sep 5, 2025 Changed: Oct 30 Last Checked: Oct 30 at 2:15AM

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Investment Insights

Based on property information with market context.

This flex property combines four storefronts, including a double storefront with a 12' overhead door, and a 1,600-square-foot rear shop with a 10' overhead door. Renovation work is nearing completion, with finishing selections still available. Recent updates include the parking lot, roof, HVAC, electrical system, and plumbing.

The site comprises more than 1/2 acre at 49908 Gratiot in Chesterfield, south of 23 Mile Road. Commercial zoning is in place.

Key Highlights

• Four storefronts, including one double storefront
• Double storefront has a 12' overhead door
• Rear shop measures 1,600 square feet and has a 10' overhead door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Bakery Accounting Firm Garden Center Electrical Service Daycare 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

392

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 - Four storefronts and a rear shop provide a mix of customer-facing and work areas.

Where is this flex space located?

The property is located at 49908 Gratiot Chesterfield, MI.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Four storefronts, including one double storefront; Double storefront has a 12' overhead door; Rear shop measures 1,600 square feet and has a 10' overhead door