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Property profile & analytics
OFF-MARKET
Lifestyle centers

51305-51313 Gratiot Ave Chesterfield, MI 48051

8,679 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 51305-51313 Gratiot Ave, Chesterfield, MI 48051, within the vibrant Chesterfield Shopping Center. The property offers a total of 8,679 square feet of retail space, with 2,200 square feet currently vacant and available for lease. Units range from a minimum of 1,000 square feet to a maximum contiguous space of 1,200 square feet, making it ideal for a variety of retail businesses. The center is zoned C-2, allowing for diverse commercial uses. Situated in a high-traffic area at the intersection of Gratiot Avenue and 23 Mile Road in Macomb County, Michigan, this location benefits from daily traffic counts exceeding 100,000 vehicles. The property enjoys excellent visibility and proximity to major retailers such as Target, Meijer, and Kohl's, ensuring high foot traffic and brand recognition. This well-established community center presents a unique chance to establish or expand your business within a densely populated sub-regional market, capitalizing on the significant consumer base and strong retail corridor. The property is located in Macomb County.

Property profile
Verified
Property type Lifestyle centers
Total area 8,679 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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