52050 Gratiot AveChesterfield, MI 48051

  • Commercial real estate
  • 9,005 SF
For Sale
$549,990 View listing

Property Details for 52050 Gratiot Ave

Year built
1997
Lot size
1.28 AC
Property size (Sq ft)
9,005 SF
Zone code
C3 GEN
Property type
Commercial real estate
APN
15-09-17-252-013
APU
150917252013

Description

This exceptional Chesterfield, MI industrial property at 52050 Gratiot offers a lucrative business opportunity with significant income potential. The 9,005 square foot building sits on a 1.28-acre lot and is currently generating over $30,000 in weekly revenue. The included resort liquor license, beer/wine license, and lottery permit contribute substantially to the bottom line, with lottery profits exceeding $70,000 annually. Additional revenue streams are generated from an ATM and check-cashing services. The current owner is retiring, presenting a unique chance for acquisition. The business operates under short hours, leaving ample room for expansion and increased profitability by extending operating times. Monthly rent is $7,500, which encompasses property taxes, exterior building insurance, roof maintenance, landscaping, and snow removal. This turnkey operation provides immediate income and a solid foundation for future growth. The property's location in Chesterfield offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, high-revenue-generating business with a strong track record. The license is not transferable to another location. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,143,760
    Hospitality
    $1,963,672
    Educational
    $1,633,752
    Medical
    $1,689,940
    Retail
    $2,541,393
52050 Gratiot Ave, Chesterfield, Michigan

Location Insight

City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.6834
Longitude
-82.8252
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,032
-
-
$561,900
-
-
-
$1,123,800

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