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    52939 Gratiot Ave New Baltimore, MI 48051

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Retail Space, Multiple Units Available

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Crown Plaza offers exceptional retail space in a vibrant, established commercial center. This property boasts a total of 100,000 square feet, with multiple tenancy options currently available. Two spaces are immediately available, ranging from 1,706 to 2,000 square feet, including a highly desirable end-cap space. This presents a unique opportunity for businesses seeking high visibility and foot traffic. The minimum divisible space is 1,706 square feet, while the maximum contiguous space available is 2,000 square feet. A total of 3,706 square feet is currently vacant and ready for immediate occupancy. This property enjoys a strong tenant mix, with established businesses such as 7-Eleven, Allstate, and The Vapor Shoppe already in place, creating a synergistic and thriving retail environment. The location benefits from excellent visibility and accessibility, ensuring high exposure for your business. This is an ideal opportunity to establish or expand your retail presence in a prime commercial location with a proven track record of success. Contact us today to schedule a viewing and explore the possibilities. Don't miss this chance to secure your space in this thriving retail center.

    Property Features for 52939 Gratiot Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Total Rate
    166666.67

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    2,000 SF
    Rate per SF
    $20
    Space
    Endcap Space
    Size
    1,706 SF
    Rate per SF
    $20

    HighLights

    • Retail property totaling 100,000 square feet.
    • Multiple tenancies available.
    • Spaces range from 1,706 to 2,000 square feet, including an end‑cap space.
    • 3,706 square feet currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -82.8227563
    Latitude
    42.688587

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 52939 Gratiot Ave New Baltimore, MI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 100,000 square feet.; Multiple tenancies available.; Spaces range from 1,706 to 2,000 square feet, including an end-cap space.
    Request Owner's contact information
    52939 Gratiot Ave New Baltimore, MI 48051
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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
    52939 Gratiot Ave New Baltimore, MI 48051
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