26345 Gratiot Ave Roseville, MI 48066

Property Details for 26345 Gratiot Ave

Year built

1965

Lot size

0.38 lot acres

Property size

6,624 SF

Zone code

B-3

Property type

Office buildings

APN

08-14-20-131-048

APU

81420131048

Description

This exceptional mixed-use property located at 26345 Gratiot, Roseville, MI, presents a compelling investment opportunity. The 6,624 square foot building sits on a 0.38-acre lot and offers a blend of commercial and residential spaces, creating a diverse income stream. The commercial component includes two vacant retail units, ready for immediate lease-up and generating substantial rental income. The residential section comprises four two-bedroom, one-bathroom apartments, each equipped with laundry hookups. Three of these apartments are currently occupied, providing a stable and consistent rental income. The fourth apartment is vacant, offering immediate potential for increased revenue. The property's strategic location in Roseville, MI, ensures high visibility and accessibility for both commercial tenants and residents. This property is ideal for investors seeking a diversified portfolio with significant upside potential, offering a blend of stable rental income and the opportunity to capitalize on the vacant commercial and residential units. The asking price is $429,999. This is a rare opportunity to acquire a well-positioned mixed-use property with proven income and significant growth potential.

Location Insight

City

Roseville

County

Macomb

State

Michigan

Longitude

-82.9423

Latitude

42.4897

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments