Building Details

Year Built 1999

Listing Agency: Select RE Prof - James Ray & Associates

Listed By: James Ray · License #MISPE-6502424357 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Oct 25 Last Checked: Nov 1 at 7:49AM

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Investment Insights

Based on property information with market context.

This retail space is available for rent at $11. The property is located at 55931 Gratiot Ave, Chesterfield Township, Macomb, MI 48051.

Key Highlights

• Year Built: 1999

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Motor City Grading General Contractor EnviroMax Services, Inc. Hardware & Home Improvement

Suggested Use

Top Pick Plumbing Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

95

Businesses Nearby

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

$12.67 /SF/Yr

Avg Asking Price

$3.6–$35 /SF/Yr

Price Range

14,846 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease.

Where is this retail space located?

The property is located at 55931 Gratiot Ave New Baltimore, MI.

What is the lease rate?

The lease rate is $1,500/Mo.

What are key features of this property?

This property features: Year Built: 1999