24730 Gratiot Ave Eastpointe, MI 48021
- Retail space
- 4,582 SF
- 0.17 lot acres
Current Use by Public Records
- $3.75 Dry Clean & Shoe Repair / Dry Cleaner / Shoe Repair Shop
Property Details for 24730 Gratiot Ave
- Year built
- 1953
- Lot size
- 0.17 lot acres
- Property size
- 4,582 SF
- Zone code
- MU3
- Property type
- Retail space
- APN
- 02-14-30-231-026
- APU
- 21430231026
Description
Exceptional investment opportunity awaits at 24730 Gratiot Avenue, Eastpointe, MI. This 4,582 square foot industrial property, situated on a 0.17-acre lot, presents a profitable, turnkey business with immediate cash flow and significant growth potential. The property boasts a prime location in a high-traffic area, ensuring consistent revenue and a high EBITDA, making it a low-risk investment. Modern amenities and excellent maintenance minimize overhead costs. This thriving business offers a compelling combination of strong financial performance and valuable real estate. The seller is offering attractive owner financing options through a land contract, providing flexible terms to facilitate a smooth acquisition. Detailed financial information is available upon request, contingent on providing proof of down payment or financing, and signing a non-disclosure agreement. Direct inquiries to staff are discouraged. This is a rare opportunity to acquire a successful, established business with its associated real estate in a bustling commercial area. Don't miss out.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9489
- Latitude
- 42.4776
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
