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Beyond Borders Salon 22236-22240 Gratiot Ave 3,000 SF 100% Leased Retail Building Eastpointe, MI 48021 $230,000 ($76.67/SF)
Investment Highlights
- Highly visible storefront location along Gratiot Avenue, a major regional commercial thoroughfare.
- On-site surface parking accommodating up to 17 vehicles.
- Demographic base of more than 156,000 residents within a three-mile radius.
- Multiple-tenant configuration suitable for retail or service operators.
- Accessibility to I-94, I-696, and key regional commuter routes.
Executive Summary
This sale comes with a Deed to the 13 car parking lot, located behind the building. Parking is an issue up and down Gratiot, not with these units, you own, you control. Rent out both, use one for your own business, rent one, definitely a couple of different opportunities. Possible L/C terms. Please don't bother tenants. Troy 586-405-9010
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,000 SF
Building Class
C
Year Built
1950
Price
$230,000
Price Per SF
$76.67
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.23 AC
Zoning
C-1 - Commercial
Parking
17 Spaces (5.67 Spaces per 1,000 SF Leased)
Frontage
39’ on Gratiot Ave
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $110,400 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$110,400
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Photos
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Presented by
Troy Van Gampelaere
Beyond Borders Salon | 22236-22240 Gratiot Ave
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