29343 Gratiot Ave, Roseville, MI 48066
This turnkey smoke shop opportunity in Roseville, Macomb County, presents a unique blend of retail and residential potential. The 3,000 square foot, single-story building sits on a 0.11-acre lot and boasts six parking spaces. Built in 1974 and renovated in the same year, the property is zoned B-3, allowing for a variety of uses. The building includes a full basement and an upstairs apartment, offering a live/work option. Currently configured as a smoke shop, it comes complete with $20,000 worth of inventory, making it an ideal acquisition for a ready-to-operate business. Located on Gratiot Avenue, a high-traffic thoroughfare with over 37,132 vehicles daily, this property ensures excellent visibility and significant daytime traffic. Its strategic location within a densely populated residential area and near numerous national and local businesses provides a robust synergy and strong customer base. This is an exceptional opportunity for entrepreneurs seeking a well-established retail space or a unique live/work combination.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.