Brookstone, Realtors LLC
Listed by Brookstone, Realtors LLC
$200,000
24450 Gratiot Avenue
Details
APN 1430277050
Property Type Business for Sale, Mixed Use
Sub Type Business and Building
Square Footage 2,260
NOI $24,000
Year Built 1946
Acreage 0.180
Business for Sale | 2,260 SqFt
Marketing description
Don’t miss this unique 2,260 sq ft mixed-use building offering both residential and commercial income potential. Upstairs is zoned residential and features a spacious 1,160 sq ft two-bedroom, one-bath apartment with a laundry area and 150-amp service. Downstairs is zoned commercial and includes approximately 1,100 sq ft of space with a handicapped accessible half bath and 200-amp service. The property offers off-street parking for at least six vehicles along with a new retaining wall. Recent updates include a new roof, heated gutters, furnace, electrical panel, and flooring. Situated in a prime high-traffic location directly across from Cloverleaf Pizzeria, this property provides excellent visibility and strong potential for rental income or an owner-occupant business. Live upstairs and work downstairs, or lease both units for diverse income opportunities.
Listing Contacts
Brookstone, Realtors LLC
Listed by Brookstone, Realtors LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,000.00
$2,000.00/mo
Valuation Metrics
0
DSCR
12%
Cap Rate
12%
ROI
Map
Zoning
MU-3 MixedMixed UseRegional Mixed Use
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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