22600 Gratiot Ave Eastpointe, MI 48021
- Drug stores
- 11,314 SF
- 1.19 lot acres
Current Use by Public Records
- Paul A. Cyprus, RPh / Pharmacy
- Brian F. Galloway, PharmD / Pharmacy
- higi / Physician
- Western Union / Bank / Credit Union
- Amazon Hub Counter - Rite Aid / Postal Service / Courier Service
Property Details for 22600 Gratiot Ave
- Year built
- 2003
- Lot size
- 1.19 lot acres
- Property size
- 11,314 SF
- Zone code
- B-2
- Property type
- Drug stores
- APN
- 02-14-31-127-010
- APU
- 21431127010
Description
This exceptional 11,172-square-foot retail space is available for lease at 22600 Gratiot Avenue in Eastpointe, Michigan. Built in 2003, the property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a business seeking a prominent location. The building is situated in a Downtown (DT) zoned area of Macomb County, ensuring high visibility and accessibility for customers. Ample parking is provided with 59 spaces available on-site. The property's classification is Commercial Retail, making it ideal for a wide range of retail businesses. The entire 11,172 square feet is available, offering significant space for a large-scale operation or the potential to be subdivided for multiple smaller tenants (subject to landlord approval). The property's location in Eastpointe, Michigan, zip code 48021, offers convenient access to major roadways and a substantial customer base. This is a prime opportunity for a business seeking a high-traffic, well-located retail space in a thriving community. The property's size and ample parking make it an attractive option for businesses requiring significant space and convenient customer parking. Interested parties should inquire about lease terms and conditions.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,193,000
- AI Estimate
- $1,193,000
Market price range: $573k - $1.19MMarket price range: $573k - $1.19M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $845,000 Current use
- RESTAURANT
- $1,605,000 Change: +90% Conversion: Easy
- MEDICAL BUILDING
- $1,390,000 Change: +64% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,165,000 Change: +38% Conversion: Easy
- OFFICE BUILDING
- $1,075,000 Change: +27% Conversion: Easy
- AUTO REPAIR, GARAGE
- $975,000 Change: +15% Conversion: Difficult
- WAREHOUSE, STORAGE
- $765,000 Change: -10% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $740,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9575
- Latitude
- 42.4641
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA