66711 Gratiot Ave Richmond, MI 48062-1909

Property Details for 66711 Gratiot Ave

Year built

1996

Lot size

1.18 lot acres

Property size

11,294 SF

Zone code

B-3

Property type

Drug stores

APN

07-06-12-201-022

APU

70612201022

Description

This exceptional 11,294-square-foot retail property, formerly a Rite Aid, presents a unique investment or leasing opportunity in the thriving Richmond, Michigan market. Situated on Gratiot Avenue, a major north retail corridor serving Southeast Michigan, this single-tenant building boasts a highly desirable location. The property features a convenient drive-thru, prominent pylon signage ensuring excellent visibility, and easy ingress and egress. Ample parking is provided with 42 spaces. The strategic location offers significant advantages, positioned directly across from a Kroger-anchored shopping center, the area's dominant grocery store. Further enhancing its appeal, the property shares a parking lot with a Family Farm and Home store, creating a synergistic retail environment. The 1.18-acre lot provides ample space and potential for future development or expansion. The owner is open to both lease and sale options, making this a versatile opportunity for a variety of retail businesses seeking a high-traffic location in a strong retail corridor within Macomb County's South East Michigan submarket, specifically the Metro Detroit cluster. The property's history as a successful drug store demonstrates its suitability for a range of retail uses, and its prime location ensures high visibility and accessibility for customers. This is an exceptional opportunity to acquire a well-positioned retail property in a growing market. The property is located at 66711 Gratiot Ave, Richmond, MI 48062.

Location Insight

City

Richmond

County

Macomb

State

Michigan

Longitude

-82.7383

Latitude

42.7933

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments