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24850 Gratiot Ave Eastpointe, MI 48021

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For Sale
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Prime Retail Space, 4,716 SF, $465,000

Property size:
4,716 SF

Property Features for 24850 Gratiot Ave

General Information

Property type
Retail properties & Spaces
Square Feet
4,716 SF
Lot Size
4,792 SF

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Listing Contact
Joe Stack
Joe Stack

Listing Agency: Signature Associates Warren Listing Agent: Joe Stack

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional retail property, located at 24850 Gratiot Avenue in Eastpointe, Michigan, presents a lucrative investment opportunity. Boasting 4,716 square feet of space on a 0.11-acre lot, this property is currently configured as an event hall leased to a tenant and includes a second-floor apartment. The building is zoned B3, allowing for a variety of commercial uses. The asking price is $465,000, translating to a price per square foot of $98.60. Ample parking is available with 15 spaces, and the property benefits from an easement providing shared parking lot access. Situated in Macomb County, Michigan, with a zip code of 48021, this location offers high visibility and accessibility on Gratiot Avenue. The property's current configuration and zoning provide flexibility for a range of potential uses, making it an attractive option for both investors and owner-operators seeking a high-traffic location in a thriving commercial area. The existing lease provides immediate income potential, while the second-floor apartment adds to the property's overall value and versatility. This is a rare opportunity to acquire a well-located, established commercial property in a desirable market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Rapid service garage ... Hardware & Home Improvement III Pointes Event ... Wedding Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Eastpointe
County
Macomb
State
Michigan
Longitude
-82.9481602
Latitude
42.478687

FAQs

What type of property is this?
Retail property - Prime Retail Space, 4,716 SF, $465,000
Where is this retail property located?
The property is located at 24850 Gratiot Ave Eastpointe, MI.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 4,716 square feet available.; 0.11-acre lot.; B3 zoning.
(248) 359-0615 Call to check price and availability
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