59010 Gratiot Ave - Drug Store FOR SALE


New Haven, MI 48048
$1,800,000 USD
248-702-0288
59010 Gratiot Ave, New Haven, MI for Sale
$1,800,000 USD
Drug Store - FOR SALE
1/5
null | Request Cap Rate

59010 Gratiot Ave
New Haven, MI 48048


HIGHLIGHTS

  • 14,563 Square Foot Free Standing Building Situated on 2.08 Acres of Land
  • Former Drug Store - 2008 Construction - High Image Brick Construction - Drive Thru Equipped
  • Hard Corner Location at a Signalized Intersection
  • Oversized Parcel with a Plethora of Re-Tenanting and Re-Development Possibilities
  • Prime Location in New Haven - Hard Corner Location at the Corner of 27 Mile and Gratiot Avenue in New Haven
  • Approximately 2 Miles from I-94's 26 Mile Road Exit

OVERVIEW

Encore Real Estate Investment Services presents this 14,563 square foot free-standing building located on 2.08 acres of land, formerly a drug store, constructed in 2008 with high-image brick and drive-thru capabilities. Positioned at a signalized hard corner intersection in New Haven at the junction of 27 Mile and Gratiot Avenue, the property boasts excellent visibility and accessibility from both roads. It offers significant re-tenanting and redevelopment potential, benefiting from a prime location just 2 miles from I-94's 26 Mile Road exit. The site is situated in northern Macomb County, an area experiencing robust suburban growth with numerous housing developments nearby.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Drug Store - 14,564 SF on 2.08 AC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

6.23 AC

LAND SF

271,379 SF

ZONING

General Business

APN/PARCEL ID

06-27-300-023

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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