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34300641
34300664

21800 GRATIOT AVE, EASTPOINTE, MI 48021 For Sale

PG
MI MI 6502128285
EL
6501428411
KW Commercial - Senger Group
Listed by KW Commercial - Senger Group
$1,750,000
9 days on market
Updated 8 days ago

21800 GRATIOT AVE EASTPOINTE MI 48021

Details
APN 02-14-31-180-015
Property Type Mixed Use
Square Footage 24,196
Units 1
Price per SqFt $72
Year Built 1947
Buildings 1
Lot Size (SqFt) 44,189
Zoning MU-3
Parking Spaces 36 spaces
Parking per 1,000 SqFt 1.49
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A

Prime Redevelopment Opportunity

Marketing description

  • Near Signalized hard corner location at Gratiot Ave & Toepfer Rd
  • .968 acres — north of Glander Avenue
  • 243 LF of primary road frontage
  • 43,304 VPD traffic count
  • MU3 zoning — flexible commercial/mixed-use
  • Public utilities On-site
  • High-density retail and service corridor with strong daytime population
  • Immediate access and visibility from major state trunkline

Investment highlights

Prime redevelopment opportunity positioned near the signalized hard corner of Gratiot Avenue and Toepfer Road in Eastpointe, MI. This .968-acre site offers 243 linear feet of frontage along Gratiot Avenue — one of Southeast Michigan's most heavily traveled commercial corridors, carrying over 43,000 vehicles per day and serving as a primary arterial connecting Metro Detroit to Macomb County and points north.

This listing is for the .968-acre parcel located north of Glander Avenue.

Zoned MU3, the site supports a wide range of retail, service, and mixed-use development. Utilities are on site, and the parcel sits within a dense, established retail and service corridor with strong daytime population and immediate access and visibility from a major state trunkline.

Seller may require a post-closing leaseback for a period of time to be negotiated; buyers should factor this into their timeline and underwriting when submitting offers.

Listing Contacts

PG
MI MI 6502128285
EL
6501428411
KW Commercial - Senger Group
Listed by KW Commercial - Senger Group

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Additional Information

Name
Phil Grosso
License
MI 6502128285
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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