- For Sale $425,000
- Property Type Retail - Freestanding
- Property Size 7,138 SF
- Lot Size 0.3 Acre
- Year Built 1928
- Date Updated May 18, 2026
Description
Discover the vibrant community surrounding this free standing retail building in Eastpointe, MI. Located in a high-traffic area on Gratiot Avenue, this is an ideal location for retail investors seeking prime visibility. The area offers a diverse mix of established businesses, local eateries, and a strong residential presence, making it a promising investment opportunity. Just moments away, prospective tenants can explore popular attractions such as Eastwood Park, Memorial Park, and Eastbrook Lanes. With its convenient access to major roadways and the surrounding bustling commercial district, this location presents an exciting prospect for retail entrepreneurs..
Highlights
- Freestanding 7,138 SF Building on a Main Commercial Corridor that Sits on 0.3-Acre Parcel with Direct Street Frontage on Gratiot Ave Provides Excellent Visibility and Access.
- Lease Structure is Double Net, with tenant responsible for HVAC, CAM, parking lot, taxes, and insurance.
- Over 351,000 residents within 5 miles, supported by solid household incomes ($65K–$77K).
- Positioned Along One of Metro Detroit’s Most Heavily Traveled Arteries with 44,380+ Vehicles Per Day
- Strong In-Place Cash Flow with Annual 3% Rent Increases Create Built-in NOI Growth Year After Year.
- Surrounding neighborhoods show consistent consumer activity and demand for retail, food, and event-based services.
- The property benefits from proximity to Kroger, Aldi, Tim Hortons, Dollar General, Midas, U-Haul, Taco Bell, Checkers, KFC, and more.
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Contacts
Ayson Shammami
APEX Commercial Real Estate Advisors
Location
Located at 24935 Gratiot Ave, Eastpointe, MI 48021, this property is part of the Eastpointe neighborhood and Detroit market.
Contact Listing Broker
Ayson Shammami
APEX Commercial Real Estate Advisors
