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    OFF-MARKET
    Retail properties & Spaces

    49680-49696 Gratiot Ave, Chesterfield, MI 48051

    5,400 SF 0.51 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This single-story, 5,400 square foot Class C commercial building, constructed in 2007, offers a prime 1,080 square foot executive office suite for lease. Located at 49680-49696 Gratiot, New Baltimore, MI 48051, near the intersection of Gratiot and 23 Mile Road in Macomb County, this property boasts excellent visibility and freeway access. The building features a total of five suites, with ample parking (30 spaces) available for tenants and their clients. The 0.51-acre lot is zoned C-3, allowing for a variety of commercial uses. The available space is immediately ready for occupancy. This location benefits from high traffic counts and proximity to numerous major retailers, ensuring significant foot traffic and brand visibility. The property's convenient location and ample parking make it an ideal choice for businesses seeking a high-profile presence in a thriving commercial area. The parcel number is 15-09-19-428-036. No elevators are present in the building.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2007
    Total area 5,400 SF
    Lot 0.51 ac (22,216 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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