Active
Sale
Retail
Free Standing
ID fdff8dd1
24935 Gratiot Ave
24935 Gratiot Ave, Eastpointe, MI 48021
For Sale
$425,000$59.54/SF
- Building Size
- 7,138 SF
- Lot Size
- 0.3 ac
- County
- Macomb
- Listed
- 06/10/2026
- Updated
- 06/10/2026

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Overview
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.
- Strong In-Place Cash Flow with Annual 3% Rent Increases Create Built-in NOI Growth Year After Year.
- Lease Structure is Double Net, with tenant responsible for HVAC, CAM, parking lot, taxes, and insurance.
- 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.
- Positioned Along One of Metro Detroit’s Most Heavily Traveled Arteries with 44,380+ Vehicles Per Day
- Over 351,000 residents within 5 miles, supported by solid household incomes ($65K–$77K).
- 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.
Additional Information
- City
- Eastpointe
- State
- MI
- Zip Code
- 48021
- Secondary Uses
- Free Standing
- Zoning
- MU-1
- Zoning Desc.
- Neighborhood Mixed Use
- Tenant
- The Dream Group Banquet Hall Supplies
- Call For Offers
- Yes
- # of Buildings
- 1
- Year Built
- 1928
- Rentable SF
- 7,138
- Tenancy
- Single Tenant
- Vehicles Per Day
- 44,380 VPD
- Avg. Occupancy
- 100%
- Parcel APN
- 02-14-30-226-041
- Listing ID
- fdff8dd1
- City
- Eastpointe
- State
- MI
- Zip Code
- 48021
- Secondary Uses
- Free Standing
- Zoning
- MU-1
- Zoning Desc.
- Neighborhood Mixed Use
- Tenant
- The Dream Group Banquet Hall Supplies
- Call For Offers
- Yes
- # of Buildings
- 1
- Year Built
- 1928
- Rentable SF
- 7,138
- Tenancy
- Single Tenant
- Vehicles Per Day
- 44,380 VPD
- Avg. Occupancy
- 100%
- Parcel APN
- 02-14-30-226-041
- Listing ID
- fdff8dd1
