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    51347-51405 Gratiot Ave Chesterfield, MI 48051

    Sponsored
    For Lease
    Contact for pricing

    Prime retail space, 3,462 sq ft available.

    Lot size:
    67,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 51347-51405 Gratiot Avenue, Chesterfield, MI 48051, situated on a 2-acre lot (APN: 9-17-352-004, 09-17-352-006) in Macomb County. The property, built in 2002, is a single-story, 67,420 square foot building with a C-2 zoning designation. Currently, 3,462 square feet of retail space is immediately available for lease. This space represents the minimum divisible unit, and the maximum contiguous space available is also 3,462 square feet. The property features multiple tenancies, providing a vibrant and active commercial environment. Its convenient location on Gratiot Avenue, with cross street access at 23 Mile Rd, ensures high visibility and accessibility for customers. This is an ideal location for a variety of retail businesses seeking a prominent presence in a thriving community. The property offers a unique opportunity to establish or expand your business in a well-maintained building with ample space and excellent visibility. Don't miss this chance to secure your place in this desirable Chesterfield location.

    Property Features for 51347-51405 Gratiot Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,420 SF

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 51355
    Size
    3,462 SF

    HighLights

    • 3,462 SF of immediately available retail space.
    • High‑visibility location at Gratiot Ave & 23 Mile Rd intersection.
    • Well‑established community center in a densely populated sub‑regional market.
    • Situated on a major Macomb County retail corridor.
    • Over 37,000 vehicles per day traffic count.
    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
    Chesterfield
    County
    Macomb
    State
    Michigan
    Longitude
    -82.832888926378
    Latitude
    42.678301076533

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, 3,462 sq ft available.
    Where is this retail property located?
    The property is located at 51347-51405 Gratiot Ave Chesterfield, MI.
    What are key features of this property?
    This property features: 3,462 SF of immediately available retail space.; High-visibility location at Gratiot Ave & 23 Mile Rd intersection.; Well-established community center in a densely populated sub-regional market.
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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
    51347-51405 Gratiot Ave Chesterfield, MI 48051
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