22220 Gratiot Ave Eastpointe, MI 48021-2229
Property profile & analytics
22220 Gratiot Ave, Eastpointe, MI 48021-2229
- Retail space
- 1,600 SF
- 0.05 lot acres
Property ID
US43-0851957
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rodney's Barber Kings / Barber Shop
- The SIFT Group / Marketing & Advertising
Property Details for 22220 Gratiot Ave
- Year built
- 1958
- Lot size
- 0.05 lot acres
- Property size
- 1,600 SF
- Zone code
- B-3
- Property type
- Retail space
- APN
- 02-14-31-176-006
- APU
- 21431176006
Description
This exceptional investment opportunity presents a 4,800 square foot shopping center ideally situated in Eastpointe, MI, at 22220-22228 Gratiot. The property sits on a 1.05-acre lot and comprises three individual units, each boasting 1600 square feet of space. Each unit benefits from separate utility meters, offering flexibility and independent control for tenants or potential buyers. The seller is open to selling each unit individually, presenting a unique opportunity for both large-scale investors and smaller-scale buyers. Significant recent improvements enhance the property's value and appeal. These upgrades include updated electrical systems and plumbing, along with the replacement of all windows and doors, ensuring modern functionality and curb appeal. Currently, one unit is occupied by a month-to-month tenant operating a barber shop, providing immediate rental income potential. This property offers a compelling blend of existing income, significant recent renovations, and the potential for further development or individual unit sales, making it an attractive investment in a desirable Eastpointe location. The asking price for the entire property is $359,999.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9598
- Latitude
- 42.4609
- 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
2022
$2,439
$0.00
$0.00
$40,200
-
$0.00
$0.00
$80,400
