23419-23423 Gratiot

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30540020
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.09 Acres
Sale Price: $154,900
Unit Price: $64.54 PSF
Ceiling: 11 ft.
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/9/2020

Overview / Comments

Do NOT Approach Tenants. All Showings By Appointment Only.
Well maintained investment properties on Gratiot. Both address's occupied by tenants. Tremendous traffic counts on Gratiot. Close proximity to many national tenants and freeways.
2019 Property Taxes: $3,866.66

Attachments & Media

Current Tenants

Tenant Business Name Eastpointe Scooters
Is Renting? Yes
SF of Space Occupied 1,200 SF
Tenant Business Name Glammher Boutique
Is Renting? Yes
SF of Space Occupied 1,200 SF

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 14-30-402-019 & 020
Zoning: B-3
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1956
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 4
Parking Type: Surface, Other
Parking Description: 4 dedicated spaces plus street parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 40
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,866 193,949 430,564
Median Age: 35.52 36.64 37.53
Households: 11,708 74,964 166,140

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