36439 Gratiot Ave Clinton Township, MI 48035
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 36439 Gratiot Ave
- Year built
- 1985
- Lot size
- 0.11 lot acres
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 16-11-27-251-031
- APU
- 161127251031
Description
This exceptional investment opportunity presents a multi-tenant retail storefront located at 36439-36463 S. Gratiot Ave, Clinton Township, MI 48035. The property boasts a substantial 13,678 square feet of space, currently configured to include a 5,000 square foot storage building and two retail spaces totaling 5,300 square feet (2,000 SF and 3,300 SF). The asking price is $699,999, translating to a price per square foot of $51.18. Built in 1964, the property is zoned for commercial use and offers ample parking with 50 spaces available. The property's location on Gratiot Avenue in Macomb County ensures high visibility and accessibility for businesses. The property's APN is 16-11-27-251-021. This presents a strong potential for immediate income generation and future appreciation, making it an attractive investment for savvy buyers seeking a well-established retail property in a thriving Michigan market. Up to 10,300 square feet is available for lease, providing flexibility for various business needs and potential rental income streams. This is a rare opportunity to acquire a substantial retail property with significant upside potential.
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
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8948
- Latitude
- 42.5652
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
