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    47025-47817 Gratiot Ave New Baltimore, MI 48051

    Sponsored
    For Lease
    $13 SF/Yr

    Last Available Suite, 2250 SF

    Lot size:
    52,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,250 square foot executive office suite is the final available space in the highly sought-after North Gratiot Crossing. Located at 47025-47187 Gratiot Avenue, near the intersection of 21 Mile Road and Gratiot, this Class B property boasts a prime location within a bustling commercial plaza. The single-story building, constructed in 1999 and extensively renovated in 2023, offers ample parking for tenants and visitors. The suite itself is part of a larger 52,675 square foot building situated on a 6.1-acre lot. Recent upgrades include a completely renovated parking lot, updated façade, and new exterior lighting, enhancing both curb appeal and functionality. Benefit from prominent monument signage on Gratiot Avenue and storefront signage on 21 Mile Road, ensuring high visibility for your business. The property is zoned C-2 and features a convenient single-story layout. The APN is 15-09-30-352-009. Don't miss this opportunity to secure the last remaining space in this thriving commercial center. Professional landlords ensure a smooth and efficient tenancy experience.

    Property Features for 47025-47817 Gratiot Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,675 SF
    Class
    B
    Total Rate
    61234.69

    Building Details

    Year Built/Renovated
    1999/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    47031
    Size
    2,250 SF
    Rate per SF
    $13

    HighLights

    • Retail and office space totaling 52,675 square feet.
    • 2,250 square feet of vacant executive office space available; minimum divisible space is 2,250 square feet.
    • Located on Gratiot Ave, near the cross streets of 21 Mile Rd.
    • 6.1‑acre lot; Class B building constructed in 1999, renovated in 2023.
    • Ample parking; C‑2 zoning; APN 15‑09‑30‑352‑009.
    • Monument signage on Gratiot and storefront signage on 21 Mile Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Baltimore
    County
    Macomb
    State
    Michigan
    Longitude
    -82.853795930637
    Latitude
    42.644961657207

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    FAQs

    What type of property is this?
    Office Property / Space - Last Available Suite, 2250 SF
    Where is this office property / space located?
    The property is located at 47025-47817 Gratiot Ave New Baltimore, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Retail and office space totaling 52,675 square feet.; 2,250 square feet of vacant executive office space available; minimum divisible space is 2,250 square feet.; Located on Gratiot Ave, near the cross streets of 21 Mile Rd.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    47025-47817 Gratiot Ave New Baltimore, MI 48051
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