Former Rite Aid Retail
For Sale
Contact for pricing
50290 Gratiot Avenue, Chesterfield, MI 48051
Former Rite Aid retail building at a signalized intersection with direct access from Cotton Road.
Property Size11,180 SF
Days on Market183
Property Features for 50290 Gratiot Avenue
General Information
Standard status
Active
Size
11,180 SF
Property subtype
Retail
Building Details
Building Size
11,180 SF
Listing Agency:
Mid-America
Listed By:
George Sheena · License #6501451319
(248) 855-6800
Source:
Midamericagrp
Added: Mar 7
Changed: Sep 2
Last Checked: Sep 5 at 6:58AM
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 Mid-America
Investment Insights
Based on property information with market context.
This former Rite Aid retail building is located at a signalized intersection of Gratiot Avenue and Cotton Road, offering strong visibility and convenient access. The property is positioned for retail users seeking straightforward storefront operations in an established commercial setting.
Cotton Road, just south of 23 Mile Road, provides direct access to major national retailers including Burlington, TJ Maxx, Dick’s Sporting Goods, and Best Buy.
As a former drugstore, the building is suited for a retail conversion or reuse where an existing retail layout can be leveraged.
Cotton Road, just south of 23 Mile Road, provides direct access to major national retailers including Burlington, TJ Maxx, Dick’s Sporting Goods, and Best Buy.
As a former drugstore, the building is suited for a retail conversion or reuse where an existing retail layout can be leveraged.
Key Highlights
- Former Rite Aid retail building at a signalized intersection of Gratiot Ave and Cotton Rd
- Direct access from Cotton Rd just south of 23 Mile Rd
- Cotton Rd provides convenient access to nearby national retailers including Burlington, TJ Maxx, Dick’s Sporting Goods, and Best Buy
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
479k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 51%
Dining 25%
Shops & Services 15%
Electronics 5%
Kohl's
Apparel
60,724 visits/mo
0.1 miles
T.J. Maxx
Apparel
45,999 visits/mo
0.2 miles
DICK'S Sporting Goods
Apparel
36,190 visits/mo
0.5 miles
Texas Roadhouse
Dining
31,303 visits/mo
0.4 miles
Chick-fil-A
Dining
29,275 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
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Frequently Asked Questions
What type of property is this?
Retail space - Former Rite Aid retail building at a signalized intersection with direct access from Cotton Road.
Where is this retail space located?
The property is located at 50290 Gratiot Avenue Chesterfield, MI.
What are key features of this property?
This property features: Former Rite Aid retail building at a signalized intersection of Gratiot Ave and Cotton Rd; Direct access from Cotton Rd just south of 23 Mile Rd; Cotton Rd provides convenient access to nearby national retailers including Burlington, TJ Maxx, Dick’s Sporting Goods, and Best Buy
