24450 GRATIOT Avenue Active

Eastpointe,MI 48021

$ 299900

- Bed

0 Bath

2260 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $132

Municipality Eastpointe City

Subdivision Eastpointe City

MLS Listing ID 20240089343

Originating Board Realcomp

Year Built 1946

Annual Tax Amount $4,373

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 47 x 90

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 Macomb County - 50

Zoning Commercial,Residential

Direction Northbound on Gratiot Ave Bet Stephens and 10 Mile

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Brick

Others

Tax ID 1430277050

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