23349 Gratiot Avenue Eastpointe, MI $ 550,000
23349 Gratiot Avenue
$ 550,000
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23349 Gratiot Avenue

Eastpointe, MI, 48021
$ 550,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 3,799

23349 Gratiot Avenue, Eastpointe, MI 48021 - Image 1
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Commercial Property for sale in Eastpointe, MI

for $550,000. This 4,000 square foot building was built in 1962 on a lot size of 0.15.

Commercial Property and Established Dry Cleaning Business – Excellent Investment Opportunity! Prime commercial building strategically located on a busy main road at the entrance to a residential neighborhood, offering excellent visibility and convenient access. The property features an established, owner-operated dry cleaning business with steadily increasing revenue, plus two additional rental units generating $2,400 total monthly rental income. Please do not disturb business operations. All inquiries and showing arrangements must be coordinated through the listing agent. Drycleaner business is getting more revenue. The seller is willing to provide training and transition assistance to a first time dry cleaning business owner. ABSOLUTELY NO DIRECT CONTACT WITH THE OWNER, EMPLOYEES, OR TENANTS.

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Commercial Active

Price

$ 550,000

Property Type

Commercial

Taxes

$ 10,366

Style

BusinessandRealEstate

Lot Size

0.15

Year Built

1962

Town/City

Eastpointe

County/Region

Macomb

MLS | Web ID

20261088091

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1962
Levels One
Property Subtype BusinessandRealEstate
Current Use Commercial
Business Type Retail Service
County Macomb
Net Operating Income 130000.0
Operating Expense 18066.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name NICOLAI ESTATE SUB
Garage Y/N N
Status Active
Directions N OF 9MILE W OF GRATIOT
City EastpointeCity_Macomb
Senior Community Y/N N
High School District EastDetroit
Zoning Description Commercial
MLS Area Area03161Eastpointe
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10366.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 105593
Expected Active Date 2026-10-31
Legal Description NICOLAI ESTATE SUBDIVISION NO. 1 LOTS 272 TO 274 INCL. LIBER 6; PAGE 58
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 4000.0
Lot Dimensions 100 x 65
Lot Size Acres 0.15
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 23349
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* Excluded Features
List By
Yoon Noh

Listing Agent

Keller Williams Paint Creek

Broker

(248) 494-8287

Phone

Affordability Calculator

$4,663
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$864
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909185 Elementary School
4909231 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2026$550,000 Listed Price

Map


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23349 Gratiot Avenue, Eastpointe, MI, 48021 is a Commercial Property for sale at $550,000 with 4,000 sqft and a lot size of 0.15. 23349 Gratiot Avenue was built in 1962. The property's zip code is 48021 which is in Eastpointe, MI