3024 Krafft RdFort Gratiot Township, MI 48059

  • Other commercial real estate
  • 4,122 SF
For Sale
$650,000 View listing

Property Details for 3024 Krafft Rd

Year built
2002
Lot size
0.94 AC
Property size (Sq ft)
4,122 SF
Zone code
C-2*
Property type
Other commercial real estate
APN
74-20-021-3008-000
APU
74200213008000

Description

This exceptional 4,122 square foot commercial property, located at 3024 Krafft Road in Fort Gratiot Township, Michigan, presents a unique investment opportunity. Situated on a 0.94-acre lot, this single-story, Class C building boasts ample parking and is zoned C-2, making it ideal for a variety of retail, restaurant, or bar concepts. Built in 2002, the entire 4,122 square feet is currently vacant, offering a blank canvas for a new business. The property enjoys high visibility due to its location at the intersection of Krafft Road and 24th Ave (M-25), ensuring significant exposure to potential customers. Its convenient location within St. Clair County, Michigan (zip code 48059), offers easy access to a substantial customer base. The property's previous use as a Hooters restaurant demonstrates its suitability for a similar establishment or a complementary business that can leverage the existing infrastructure and high traffic area. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and profitability. The property's APN is 74200213008000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $981,297
    Hospitality
    $898,863
    Educational
    $747,843
    Medical
    $773,563
    Retail
    $1,163,312
3024 Krafft Rd, Fort Gratiot Township, Michigan
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Location Insight

City
Fort Gratiot
County
St. Clair
State
Michigan
Latitude
43.0255
Longitude
-82.4569
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,142
-
-
$260,500
-
-
-
$521,000

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