49904-49908 Gratiot Ave 9,160 SF 100% Leased Retail Building Chesterfield, MI 48051 $1,407,081 CAD ($153.61 CAD/SF)

This multi-unit retail property along heavily trafficked Gratiot Avenue offers investors a stable asset in the thriving Chesterfield corridor. Situated on 0.54 acres with 160 feet of frontage and C-3 zoning, the property includes four storefront units, two of which feature overhead garage doors, enhancing flexibility for various retail or service uses. With 74% occupancy at last record, it provides both current income and upside through leasing remaining space or long-term repositioning.
The site benefits from ingress and egress points from both ends of the building, ample on-site and rear parking, and strong visibility to approximately 28,000 vehicles daily. Located in a well-established commercial corridor, the property is near residential neighborhoods, major retailers, and key transportation routes, making it attractive to tenants seeking exposure and convenience. Recent transaction history confirms ongoing demand for properties along this Gratiot corridor, reinforcing its appeal for both local and regional investors.