For Sale
$429,999

26345 Gratiot Ave Roseville, MI 48066

High-yield industrial/residential building. Excellent income potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional mixed-use property located at 26345 Gratiot, Roseville, MI, presents a compelling investment opportunity. The 6,624 square foot building sits on a 0.38-acre lot and offers a blend of commercial and residential spaces, creating a diverse income stream. The commercial component includes two vacant retail units, ready for immediate lease-up and generating substantial rental income. The residential section comprises four two-bedroom, one-bathroom apartments, each equipped with laundry hookups. Three of these apartments are currently occupied, providing a stable and consistent rental income. The fourth apartment is vacant, offering immediate potential for increased revenue. The property's strategic location in Roseville, MI, ensures high visibility and accessibility for both commercial tenants and residents. This property is ideal for investors seeking a diversified portfolio with significant upside potential, offering a blend of stable rental income and the opportunity to capitalize on the vacant commercial and residential units. The asking price is $429,999. This is a rare opportunity to acquire a well-positioned mixed-use property with proven income and significant growth potential.

Property Details for 26345 Gratiot Ave

Property type
Industrial properties
Square Feet
6,624 SF
Year Built
1919
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Roseville
County
Macomb
State
Michigan
Latitude
42.48972
Longitude
-82.94209

FAQs

What type of property is this?
Industrial property - High-yield industrial/residential building. Excellent income potential.
Where is the industrial property located?
The property is located at 26345 Gratiot Ave Roseville, MI.
What is the asking price?
The asking price for this property is $429,999.
How can I contact the broker?
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26345 Gratiot Ave
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