21800 Gratiot Ave - Freestanding FOR SALE


Eastpointe, MI 48021
$1,750,000 USD
586-980-1171
21800 Gratiot Ave, Eastpointe, MI for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/33
null | Request Cap Rate

Dec '26


21800 Gratiot Ave
Eastpointe, MI 48021


HIGHLIGHTS

  • Signalized hard corner location at Gratiot Ave & Toepfer Rd
  • .968 acres — north of Glander Avenue
  • 243 LF of primary road frontage
  • 43,304 VPD traffic count
  • MU3 zoning — flexible commercial/mixed-use
  • Utilities on site

OVERVIEW

Prime redevelopment opportunity positioned near the signalized hard corner of Gratiot Avenue and Toepfer Road in Eastpointe, MI. This .968-acre site offers 243 linear feet of frontage along Gratiot Avenue — one of Southeast Michigan's most heavily traveled commercial corridors, carrying over 43,000 vehicles per day and serving as a primary arterial connecting Metro Detroit to Macomb County and points north. This listing is for the .968-acre parcel located north of Glander Avenue. Zoned MU3, the site supports a wide range of retail, service, and mixed-use development. Utilities are on site, and the parcel sits within a dense, established retail and service corridor with strong daytime population and immediate access and visibility from a major state trunkline. Seller may require a post-closing leaseback for a period of time to be negotiated; buyers should factor this into their timeline and underwriting when submitting offers.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

MU-3

APN/PARCEL ID

02-14-31-179-002

ASK ABOUT THIS PROPERTY

Evan LyszczykKeller Williams PlatinumMore Info
586-980-1171

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Evan LyszczykKeller Williams PlatinumMore Info
586-980-1171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.