MI > Macomb > Eastpointe > 23750 Gratiot Ave
  • MLS# 2210031957
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248-304-6700

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Great Investment Opportunity with High Cash Flow! Completely Remodeled 2 story 5 Unit Commercial Business Building 100% Leased with long term tenants. Annual gross rents of $57,600, with a NOI of $30,000 with a cap rate of 11%!!! Turn key operation. New Roof (2018), New AC/Furnace, Ample parking (24) in the rear of building in additional to the street parking. Street Signage on Gratiot . Within 2 mile to I696 and I96 expressway. Serach "23750 GRATIOT AVE" in Youtube for virtual showings.

Property Information

Status
Active 
Address
23750 Gratiot Ave 
City
Eastpointe 
Zip
48021 
Year Built
1969 
Subdivision
Assessors Stephen'S State 
Listing Date
05/07/2021 
Architecture
2 Story 
County
Macomb 
Above Grade SqFt
4,896 
Possession
At Close 
Price/SqFt
56.17 

School Information

School District
East Detroit 

Taxes

Summer Taxes
$10,146 
Winter Taxes
$331 

Features

Current Use
Salon 
Comm. Office Space
4896 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Commercial 
Office Heat
Central Air 
Heating
Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210031957 Active May 7 2021 3:55PM $275,000 72
2210022728 Withdrawn Active May 3 2021 11:55AM $275,000 $249,900 28
2210022728 Apr 28 2021 7:38PM $249,900 $275,000 28
2210022728 Active Apr 5 2021 1:56PM $275,000 28
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Autocity Realty Llc
Office Address 55 E Long Lake Rd Suite 320

Real Estate One Family of Companies

23750 Gratiot Ave Eastpointe
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$275,000
For Sale • Acres: 0.34 • Zoning: Commercial