For Sale
$799,000

65600 Gratiot Ave New Haven, MI 48050

80-Unit Storage, High-Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 1,000 square foot, 80-unit storage facility situated on a 3.35-acre lot in New Haven, Michigan (APN: 19-06-12-300-035). The property, located at 65600 Gratiot Ave, 48050, boasts a prime location near a commercially dense intersection (Gratiot Avenue and 31 Mile Road), benefiting from high traffic volume and visibility. Built in 1980 and renovated in 2023, the facility offers significant value-add potential, with the existing zoning (CG – General Commercial Approved for Mini Storage Solutions) permitting expansion to up to 400 units. The property is currently vacant, offering immediate control and flexibility for the new owner. The asking price is $799,000 ($6.11/sq ft). The 1,000 square foot house on the property includes 3 bedrooms and 1 bath. The surrounding area features a high average household income (over $90,000 within a 5-mile radius) and is conveniently located within a 30-minute drive of both Detroit and Port Huron, making it a strategic location with strong potential for growth. Numerous national brands are located nearby, including Little Caesars, T-Mobile, Kroger, and many others, indicating a robust and established commercial environment. This fee-simple ownership provides complete control and upside potential for a savvy investor seeking a strong return on investment in a thriving market.

Highlights

  • 3-acre parcel
  • 1,000 SF, 3-bedroom, 1-bathroom house
  • 80 existing storage units, potential for 400 units
  • High-traffic location near Gratiot Ave. and 31 Mile Rd. intersection
  • $90,000+ average household income within a 5-mile radius
  • Convenient location, 30-minute drive to Detroit and Port Huron

Property Details for 65600 Gratiot Ave

Property type
Retail properties, Industrial properties
Square Feet
1,000 SF
Year Built/Renovated
1980/2023
Buildings
1
Lot Size (sq. ft)
145,926 SF
Units
80

Location Insight

City
New Haven
County
Macomb
State
Michigan
Latitude
42.7836995
Longitude
-82.7432061

FAQs

What type of property is this?
Retail property - 80-Unit Storage, High-Growth Potential
Where is the retail property located?
The property is located at 65600 Gratiot Ave New Haven, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3-acre parcel; 1,000 SF, 3-bedroom, 1-bathroom house; 80 existing storage units, potential for 400 units
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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65600 Gratiot Ave
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