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$ 299,900
Est. payment | /mo
2,260 SqFt
$ 299,900
Est. payment | /mo
2,260 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
Listed by Century 21 Curran & Oberski