3024 Krafft Rd Fort Gratiot Township, MI 48059
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2* · Fort Gratiot, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.