Commercial Lot on Gratiot
For Sale
Contact for pricing
Pending
54240 Gratiot Ave, New Baltimore, MI 48047
Prime commercial lot with high visibility on Gratiot Avenue.
Property SizeContact for details
Lot Size0.63 Acres
Days on Market366
Property Features for 54240 Gratiot Ave
General Information
Standard status
Pending
Lot size
0.63 Acres
Property subtype
Retail, Office, Land
Zoning
C-1 (Commercial )
Listing Agency:
Lino Realty Inc
Listed By:
Pietro Saputo · License #6501403131
Source:
Crexi
Added: Aug 20, 2025
Changed: Aug 8
Last Checked: Jul 24 at 6:48PM
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 Lino Realty Inc
Investment Insights
Based on property information with market context.
This 0.63-acre commercial lot is located on Gratiot Avenue in Chesterfield, MI. The property benefits from high visibility and C-1 zoning, making it suitable for retail, office, or service businesses. The surrounding Chesterfield Township trade area is experiencing growth and features strong demographics, as well as new development. The lot is positioned between 24 and 25 Mile Road on Gratiot Avenue, offering an ideal opportunity for investment or development.
Key Highlights
- Prime .63‑acre commercial lot with C‑1 zoning, suitable for retail, office, or service businesses
- High visibility location on Gratiot Avenue
- Located in a growing Chesterfield Township trade area with strong demographics and new development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 48047, MI
39,775
Population
16,765
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,210
Density / Sq Mi
$95,381
Median Household Income
$50,151
Median Earnings
$1,109
Median Rent
$297,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial lot with high visibility on Gratiot Avenue.
Where is this commercial land located?
The property is located at 54240 Gratiot Ave New Baltimore, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Prime .63‑acre commercial lot with C‑1 zoning, suitable for retail, office, or service businesses; High visibility location on Gratiot Avenue; Located in a growing Chesterfield Township trade area with strong demographics and new development
