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23001-23005 Gratiot Ave
Eastpointe, MI 48021

$695,000 USD

Storefront Retail Residential For Sale  •  8,553 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 8,553 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1956
  • Tenancy Multiple
  • Zoning DT
40 Transit Score
50 Walk Score

Highlights

Mixed-use configuration combining retail frontage and residential units.
Newer roof and recently renovated apartments enhance long-term maintenance stability.
Highly visible location along Gratiot Avenue with daily traffic counts over 42,000 vehicles.
Total annual rental income of $100,260 across multiple existing tenants.
Convenient proximity to 8 Mile Road, 9 Mile Road, and I-94 for easy connectivity.
Situated in a populous Detroit-area market with strong household income metrics.

Public Transportation

AirportDriveWalkDistance
Windsor International 46 min - 21.5 mi
Detroit Metro Wayne County 49 min - 31.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Joe Stack 248-359-0615 Signature Associates
Joe Stack 248-359-0615 Signature Associates