Resturant-Retail

53100 Gratiot Ave, New Baltimore, MI 48051

Property Information

  • For Sale $1,400,000
  • Property Type Retail - Restaurant
  • Property Size 3,813 SF
  • Lot Size 1.88 Acre
  • Parking Spaces Avail. 50
  • Year Built 2005
  • Date Updated May 19, 2026

Description

** Do not approach staff** **Showings through listing agent outside business hours ** Commanding a hard corner on heavily traveled Gratiot Road at 24 Mile, this property offers the kind of exposure most businesses spend years trying to achieve. The building is currently operating as a restaurant and is in excellent condition, making it a true turnkey opportunity for an owner-operator. All furniture, fixtures, equipment, and required licenses are included, allowing a seamless transition for a new operator. The space has been well maintained and reflects pride of ownership throughout. With constant traffic counts, strong visibility, and easy access, the location supports immediate operation and long-term customer recognition. Beyond its current use, this property also stands out as a premier opportunity for investors and developers. The hard-corner location provides rare dual access from both Gratiot Road and 24 Mile, offering flexibility for future site planning and redevelopment. Strong frontage, consistent traffic flow, and surrounding commercial development position the parcel well for retail or other commercial uses. The existing building is well constructed and in great condition, providing options to continue operating, repurpose, or redevelop as market demand dictates. Whether acquired as a turnkey business location or a high-visibility redevelopment site, this property offers a combination of exposure, access, and long-term commercial value that is increasingly difficult to find.

Highlights

  • Lot Description Corner
  • Lot Size 12 Acres
  • Road Type 4 Way Interchange
  • Road Type Main Thoroughfare
  • Sewer City
  • Water City Water

Contacts

James Iodice

Coldwell Banker Commercial Premier

George Stathakis

Coldwell Banker Commercial Premier

Location

Contact Resturant-Retail
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