23825 Gratiot Ave Eastpointe, MI 48021
- Commercial real estate
- 1,752 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 23825 Gratiot Ave
- Year built
- 1960
- Lot size
- 0.27 lot acres
- Property size
- 1,752 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 02-14-30-401-008
- APU
- 21430401008
Description
This exceptional 0.33-acre commercial land parcel presents a unique redevelopment opportunity in the thriving Eastpointe, Michigan market. Located at 23825 Gratiot Ave, the property boasts convenient curb cuts on both Gratiot Avenue and Stephens Road, two high-traffic thoroughfares with a combined daily vehicle count exceeding 30,000. Its strategic position within a densely populated area, encompassing over 366,000 residents within a 5-mile radius, ensures significant visibility and accessibility. The site's prior use as a Speedway gas station provides a solid foundation for various commercial ventures. However, prospective buyers should note that the sale of motor fuels, petroleum products, and operation as a convenience store are restricted for this location. This prime location offers substantial potential for entrepreneurs seeking a high-visibility site in a bustling community. The property's size and strategic placement make it an attractive investment for a wide range of commercial developments. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a well-positioned commercial lot in a high-demand area. Don't miss out on this chance to capitalize on the significant growth potential of this Eastpointe location. The property is located in Macomb County, Michigan, with a zip code of 48021.
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
- -82.9538
- Latitude
- 42.4719
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA