Property summary
This exceptional 5,641 square foot retail space is ideally situated at 51679 Gratiot Avenue in Chesterfield, Michigan, within Macomb County. The property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a prospective tenant. The building's zoning is classified as C-1, allowing for a wide range of commercial uses. Located in the vibrant city of New Baltimore, this property offers excellent visibility and accessibility along the busy Gratiot Avenue corridor, ensuring high foot traffic and potential customer exposure. The property's total square footage is 5,641 square feet, providing ample space for a variety of retail businesses. The address is easily accessible and conveniently located within the 48051 zip code. This is a remarkable opportunity to establish a thriving business in a high-traffic area with significant potential for growth. The property is available for lease and presents a blank canvas for a discerning tenant to create their ideal retail environment. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 42.6800295 and longitude -82.8298754. This location offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
M2 GEN · Chesterfield, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning