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24935 Gratiot Ave
Eastpointe, MI 48021
 Retail Property For Sale

Retail Buildings Michigan Eastpointe 24935 Gratiot Ave, Eastpointe, MI 48021

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Executive Summary

Strong In-Place Cash Flow with Annual 3% Rent Increases Create Built-in NOI Growth Year After Year

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,138 SF
Building Class
C
Year Built
1928
Price
$610,000
Price Per SF
$85.46
Cap Rate
9.50%
NOI
$57,950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.30 AC
Zoning
RETAIL 5K
Parking
59 Spaces (8.27 Spaces per 1,000 SF Leased)
Frontage
74’ on Gratiot Ave

Amenities

  • Signage

Property Taxes

Parcel Number 02-14-30-226-041 Improvements Assessment $0
Land Assessment $0 Total Assessment $253,900

Property Taxes

Parcel Number
02-14-30-226-041
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$253,900
 

  • Listing ID: 39146163

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 24935 Gratiot Ave, Eastpointe, MI 48021

More public record information on 24935 Gratiot Ave, Eastpointe, MI 48021

The Retail Property at 24935 Gratiot Ave, Eastpointe, MI 48021 is currently available for Sale. Contact APEX Commercial Real Estate Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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24935 Gratiot Ave, Eastpointe, MI for sale Primary Photo- Image 1 of 4
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24935 Gratiot Ave, Eastpointe, MI for sale Building Photo- Image 2 of 4
24935 Gratiot Ave, Eastpointe, MI 48021 - Maps 010926 P1
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24935 Gratiot Ave, Eastpointe, MI 48021 - Maps 010926 P2

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