24450 GRATIOT Avenue Active Save Request In-Person Tour Request Virtual Tour
Eastpointe,MI 48021
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $132
Subdivision Hartman
MLS Listing ID 20240089343
Bedrooms 1
Year Built 1946
Annual Tax Amount $4,373
Lot Size 7,840 Sqft
Property Description
Discover an exceptional investment opportunity at 24450 GRATIOT AVE, Eastpointe MI! This property features a combined total of 2260 sq ft, including a retail commercial space and a one-bedroom apartment, ideal for generating diverse income streams. Flooring updated in 2017 with newer furnace, roof, electrical panel, and hot water tank.
You can benefit from immediate cash flow with a long-term tenant already in place. The investment advantages include securing rental income from both residential and commercial tenants. Located in a high-traffic area, with private a parking lot, this property is perfect for retail businesses, content creation and so much more. Extra bonus is that it is across the street from Cloverleaf pizzeria. Offering significant growth potential with opportunities for rent increases and future development in the thriving Eastpointe community.
Don't miss out on this unique dual-use property that promises both stability and potential for future growth!
Location
State MI
County Macomb
Area Eastpointe
Zoning Commercial,Residential
Interior
Heating Forced Air
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Eastpointe Community Schools
Others
Assessment Amount $41
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service