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Updated Office Space For Lease
For Lease
$1,500/Mo

55931 Gratiot Ave, New Baltimore, MI 48051

Modern office space with private offices, conference room, and reception.

Space SizeContact for details
Lot Size0.30 Acres
Days on Market165

Property Features for 55931 Gratiot Ave

General Information

Standard status Active
Lot size 0.30 Acres
Property subtype Commercial

Building Details

Year Built 1999
Listing Agency:
Listed By: James Ray · License #MISPE-6502424357
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 2:00PM

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 James Ray

Investment Insights

Based on property information with market context.

This updated commercial office space is available for lease and designed to accommodate a growing business. The unit features two private offices, a dedicated conference room suitable for meetings and client presentations, and a front desk and greeting area. It also includes a private bathroom and a coffee/wet bar area. The space has been professionally painted and features new flooring. The building is well-maintained and offers easy access and nearby amenities. This office space is move-in ready.

Key Highlights

  • Move‑in ready, professionally updated office space with a modern feel.
  • Includes 2 private offices and a dedicated conference room.
  • Features a welcoming front desk/greeting area.

Property Analytics

Current Use

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

Suggested Use

Top Pick Storage Facility Plumbing Service 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

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

$15.06 /SF/Yr
Avg Asking Price
$9.95–$17.95 /SF/Yr
Price Range
4,067 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Modern office space with private offices, conference room, and reception.
Where is this office units 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: Move‑in ready, professionally updated office space with a modern feel.; Includes 2 private offices and a dedicated conference room.; Features a welcoming front desk/greeting area.
More about this property
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