57410 Gratiot AveNew Haven, MI 48048

  • Commercial land
  • 1.00 AC
For Sale
$595,000 View listing

Property Details for 57410 Gratiot Ave

Lot size
1.00 AC
Zone code
RLD
Property type
Commercial land
APN
26-06-33-476-004
APU
260633476004

Description

This exceptional commercial property, located at 57410 Gratiot Ave, New Haven, MI 48048, presents a unique investment opportunity. The 4,400 square foot building, constructed in 1967 and classified as Class B, sits on a spacious 2-acre lot, offering ample parking and potential for expansion. Previously used as a body shop/mechanic, the property features four overhead doors and a 12-foot clearance ceiling, ideal for businesses requiring significant vehicle or equipment access. The building is currently vacant and zoned for General Business Commercial use. Its prime location on Gratiot Avenue, just north of 26 Mile Road, ensures high visibility with over 30,000 vehicles passing daily. The asking price is $595,000, translating to $135.23 per square foot. This versatile property is suitable for a variety of commercial uses, making it an attractive option for entrepreneurs seeking a high-traffic location with significant space and potential. The property consists of two buildings, each one story. This is a rare opportunity to acquire a substantial commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,370,037
    Hospitality
    $9,498,898
    Educational
    $7,902,972
    Medical
    $8,174,767
    Retail
    $12,293,511

Location Insight

City
New Haven
County
Macomb
State
Michigan
Latitude
42.722
Longitude
-82.7943
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
$1,999
-
-
$40,900
-
-
-
$81,800

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