29323 Gratiot Ave Roseville, MI 48066-4160

Property Details for 29323 Gratiot Ave

Year built

1958

Lot size

0.11 lot acres

Property size

1,672 SF

Zone code

B-3

Property type

Retail space

APN

08-14-09-351-020

APU

81409351020

Description

This freestanding retail/office building in Roseville, Michigan presents a compelling value-add investment opportunity. Located at 29323 Gratiot Ave, this 3,000 square foot Class B property sits on a 0.11-acre lot and is priced at $299,999 ($100/sq ft). Built in 1974, the building boasts a highly desirable B-3 zoning designation, allowing for a variety of uses. The property features six on-site parking spaces, a full basement, and an upstairs apartment, creating a unique live/work potential. Its strategic location on Gratiot Avenue ensures exceptional visibility and high traffic exposure, with over 37,132 vehicles passing daily. This vibrant area offers a strong synergy with nearby residential neighborhoods and a mix of national and local businesses, providing a robust customer base. The motivated seller makes this an attractive proposition for owner-users seeking retail or office space in a high-traffic, established commercial corridor. The property's features, combined with its prime location and favorable zoning, make it an ideal investment for those seeking a value-add opportunity in a thriving Michigan market. The building's age presents opportunities for modernization and increased profitability. This is a rare chance to acquire a well-situated property with significant upside potential in a bustling commercial area.