24730 GRATIOT Avenue Eastpointe, MI ^$ 1,000,000

24730 GRATIOT Avenue

^$ 1,000,000

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Recently Listed

24730 GRATIOT Avenue

Eastpointe, MI, 48021

^$ 1,000,000

Studio Baths0.0 Sq 4,582

Monthly Estimate*

^$ 5,989

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Studio

Commercial Property for sale in Eastpointe, MI

for $1,000,000. This 4,582 square foot building was built on a lot size of 0.17.

Exceptional business and real estate opportunity at 24730 Gratiot Avenue! This profitable, turnkey operation sits in a high-traffic, prime location, offering immediate cash flow and strong financial returns. With consistent revenue and a high EBITDA, this is a low-risk investment with significant growth potential. The property features modern amenities and is well-maintained, ensuring minimal overhead. Seller is offering owner financing with flexible terms through a land contract, making it easier for investors to take advantage of this rare opportunity. DonÃ¢â¬â¢t miss your chance to own a thriving business with real estate included in a bustling area! Financials available upon: Proof of Down Payment, or Financing, Signature of non Disclosure agreement. Please do not approach staff with questions.

Commercial Active

Price

^$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,012

Style

Commercial/Industrial

Lot Size

0.17

Town/City

Eastpointe

County/Region

Macomb

MLS | Web ID

60339475

Features

General

Heating Forced Air

Possession At Close

Roof Other-See Remarks

Water Public Water

Status Active Active

Year Built 19

Subdivision ASSESSORS CHEST STATE # 01 MI

Water Heater Gas

County Macomb

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Eastpointe

Zoning Professional Office Commercial Industrial

Area Eastpointe (50026)

Primary City Eastpointe

Virtual Tour https://drive.google.com/file/d/13f5zbzA60-65scAw-_9DCkBp1UIwzVot/view?usp=sharing

Directions Take 10 Mile To Gratiot south park in back

City Eastpointe

Financial Terms Cash Conventional Exchange/Trade

Legal Description ASSESSOR'S CHESTERFIELD STATE SUB NO 1 LOT 1 & S HALF OF LOT 2 LIBER 16 PAGE 3

DOM 6

Postal Code 48021

Price Per Sq Ft Total AG 218.25

Coming Soon Exceptional business and real estate opportunity at 24730 Gratiot Avenue! This profitable turnkey operation sits in a high-traffic prime location

Exterior

Exterior Brick

Frontage 125

Lot Size Area 0.17

Lot Dimensions 62x125

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Denise Cochran

Listing Agent

Brookstone, Realtors Llc

Broker

closewithdenise@gmail.com

Affordability Calculator

$6,823

Per Month

Monthly Principal & Interest: $5,989
Monthly Property Taxes: $834
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Eastpointe, MI

Average List Price ^$144,683

Percent of Sale Price 86%

About Eastpointe, MI

32,821 Population

-4% Since 2002

^$43,966 Median Income

38.26 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/13/2024	$1,000,000		Listed Price

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24730 GRATIOT Avenue, Eastpointe, MI, 48021 is a Commercial Property for sale at $1,000,000 with 4,582 sqft and a lot size of 0.17. 24730 GRATIOT Avenue is a studio with 0.0 baths. The property's zip code is 48021 which is in Eastpointe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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24730 GRATIOT Avenue

Commercial Property for sale in Eastpointe, MI

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