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24730 Gratiot Avenue

Eastpointe, MI 48021
  • $1,000,000
  • STATUS: Active
  • ON SITE: 218 Days
  • MLS #: 20240068999
UPDATED: 27 min ago
$1,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,582
    SQFT
  • $218
    $/SQFT
Type:
Commercial
Built:
1953
County:
Area:
Zoning:
Commercial,Light Industrial,Office
Lot Size Dimensions:
62x125

School Ratings & Info

School District:

Description

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. Dont 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.

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-20T13:56:37.3.
www.bhhssnyder.com/homes/155147646
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24730 Gratiot Avenue Eastpointe, MI 48021

  • Price: $1,000,000
  • Status: Active
  • On Site: 218 Days
  • Updated: 27 min ago
  • MLS #: 20240068999
0
Beds
0
Baths
0
½ Baths
0.17
Acres
4,582
SQFT
$218
$/SQFT
1953
Built
Neighborhood:
Assessors Chest State # 01
County:
Macomb
Area:
Eastpointe
School District:
Eastpointe Community Schools
Property Description
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. Dont 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.
Exterior Features

Architecture Level 1 Story Construction Materials Brick Distance To Airport 30 Distance To Interstate 1 Distance To Waterway 10 Foundation Details Slab Lot Size Dimensions 62x125 Road Frontage Feet 125 Road Frontage Type Paved Roof Material Other Waterfront YN No Waterway YN Yes

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Office Heating Cooling Central AirForced Air Sq Ft Main 4582 Sq Ft Office 300 Water Heater Fuel Natural Gas

Property Features

Apod Available YN Yes Assessment 41.00 Business Type ServiceOfficeRetail Commercial Type Business And Real Estate Current Use Dry CleanerAlterationShoe Store Deposit Amount 300000.00 Exclusions YN No Existing Lease YN No Gross Scheduled Income 500000.00 Inventory Included YN Yes Inventory List YN Yes Land Contract YN Yes Land Interest Rate 9 Land Payment 7500 Land Terms 60 Legal Rental Certified YN Yes Listing Financing CashContractConventionalTrade/Exchange Monthly Sales 50000 Net Operating Income 400000.00 Operating Expense 125000.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Eastpointe Protection Period 365 Restrictions YN No Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 9650.0000 Tax Amount Winter 362.0000 Title Standard (Private) Total Tax 10012.0000 Unparsed Address 24730 GRATIOT Avenue Water Source Public (Municipal) Year Remodeled 2020 Zone Conform YN Yes Zoning CommercialLight IndustrialOffice

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Brookstone, Realtors LLC: (248) 963-0505 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-20T13:56:37.3.
 
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2655 Plymouth Road
Ann Arbor MI, 48105
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