This exceptional Roseville, MI retail property, located at 30151-30159 Gratiot Avenue, presents a unique investment opportunity. Boasting 5,180 square feet of vacant space on a 0.48-acre lot, this single-story, 1986-built building offers significant potential for various commercial uses, including daycare, pharmacy, or storefront retail. The property features 120 feet of prime frontage on Gratiot Avenue, ensuring high visibility and accessibility. A significant advantage is the inclusion of a paved parking lot with 33 dedicated parking spaces, a rare find in this location. The building's interior features 13-foot ceilings and a robust electrical system with 800 amps already installed, catering to a wide range of business needs. The property is zoned for commercial use and offers two separate addresses, providing flexibility for potential tenants or multi-unit operations. Priced at $709,999 ($137.07/sq ft), this property represents a compelling investment in a thriving commercial corridor. The property's location in Macomb County, Michigan, zip code 48066, offers easy access to major transportation routes and a strong local market. This is a chance to acquire a well-situated, versatile commercial property with excellent potential for immediate return on investment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,233,168
Hospitality
$1,129,575
Educational
$939,793
Medical
$972,114
Retail
$1,461,901
Location Insight
City
Roseville
County
Macomb
State
Michigan
Latitude
42.5186
Longitude
-82.9234
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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