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    10648-10770 Gratiot Ave Detroit, MI 48213

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    For Lease
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    Detroit Retail Space - High Visibility

    Lot size:
    12,084 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 10648-10770 Gratiot Avenue in Detroit, Michigan, offers a prime opportunity for a discerning business. The property boasts a total building size of 12,084 square feet, with 6,075 square feet currently available for lease. Situated in Wayne County, this single-tenant space provides ample room for a variety of retail ventures. The high-traffic location on Gratiot Avenue ensures excellent visibility and accessibility for customers. The property's convenient location within Detroit, Michigan, and its zip code 48213, offers easy access to major transportation routes and a diverse customer base. This is an ideal space for businesses seeking a prominent presence in a thriving commercial area. The building's substantial size allows for flexible layout options to accommodate various business needs. The available 6,075 square feet presents a significant opportunity for expansion or to establish a substantial retail footprint. This property is currently listed for lease and represents a compelling investment in a dynamic Detroit location. Interested parties are encouraged to inquire for further details and leasing information. The property is classified as Commercial Retail and is a single-tenant space.

    Property Features for 10648-10770 Gratiot Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,084 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,075 SF

    HighLights

    • High‑profile location at Gratiot Avenue and Conner Street, directly across from Coleman A. Young International Airport.
    • Excellent adjacency to CVS Pharmacy and Bank of America.
    • Ample parking with dedicated turn lane for convenient access.
    • 12,084 square foot building.
    • 2.98‑acre land parcel.
    • 6,075 square feet of available space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.997167
    Latitude
    42.4031329

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    FAQs

    What type of property is this?
    Retail property - Detroit Retail Space - High Visibility
    Where is this retail property located?
    The property is located at 10648-10770 Gratiot Ave Detroit, MI.
    What are key features of this property?
    This property features: High-profile location at Gratiot Avenue and Conner Street, directly across from Coleman A. Young International Airport.; Excellent adjacency to CVS Pharmacy and Bank of America.; Ample parking with dedicated turn lane for convenient access.
    Request Owner's contact information
    10648-10770 Gratiot Ave Detroit, MI 48213
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    Detroit, MI 48213
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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
    10648-10770 Gratiot Ave Detroit, MI 48213
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