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Investment Highlights
- Freestanding 1,170 SF retail property with single-tenant configuration.
- Located near a major shopping hub with national and regional retailers.
- Positioned in an Opportunity Zone, allowing eligible investors to leverage tax incentives.
- Excellent frontage along S Gratiot Avenue with approximately 104 feet of visibility.
- Convenient access to I-94 less than a mile away, and quick connections to I-696 and M-59.
- Seller Financing Available.
Executive Summary
This freestanding retail building offers an accessible location along S Gratiot Avenue in Clinton Township, within minutes of I-94, I-696, and M-59. Positioned near a high-traffic intersection, the property benefits from more than 63,000 vehicles passing daily, ensuring strong visibility for any retail or service-oriented use. With dense residential neighborhoods nearby and an estimated 250,000 people within a five-mile radius, the site presents a solid consumer base.
The surrounding trade area includes over 14 million square feet of retail, office, and industrial development, including a regional shopping center anchored by Lowe’s, AMC Star Gratiot 15, Big Lots, and Sherwin-Williams. National brands such as Target, Aldi, Planet Fitness, and GFS further enhance the retail synergy. The property is also located in an Opportunity Zone, offering potential tax advantages for qualified investments. Seller Financing Available.
The surrounding trade area includes over 14 million square feet of retail, office, and industrial development, including a regional shopping center anchored by Lowe’s, AMC Star Gratiot 15, Big Lots, and Sherwin-Williams. National brands such as Target, Aldi, Planet Fitness, and GFS further enhance the retail synergy. The property is also located in an Opportunity Zone, offering potential tax advantages for qualified investments. Seller Financing Available.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,170 SF
Building Class
C
Year Built
1990
Price
$119,000
Price Per SF
$101.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CI-1 - Commercial Improvement
Parking
5 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-11-34-128-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $42,500 |
Property Taxes
Parcel Number
16-11-34-128-034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$42,500
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34753 S Gratiot Ave
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