Gratiot Development Land

48825 Gratiot Avenue Chesterfield, MI 48051

48825 Gratiot Avenue, Chesterfield, MI, 48051
48825 Gratiot Avenue, Chesterfield, MI, 48051 48825 Gratiot Avenue, Chesterfield, MI, 48051 48825 Gratiot Avenue, Chesterfield, MI, 48051
FOR SALE
Property Type:
Other Land
Amount:
$375,000
Last Verified:
Aug 06, 2024

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Highlights

  • Zoned RT-Tech & R1A-Res for versatile development opportunities
  • Prime location with 163’ on Gratiot Avenue & 80’ on 22 Mile Road
  • Proximity to I-94 for seamless accessibility
  • Backs up to rail-road tracks for added logistical convenience
  • Stellar demographic profile: 127k+ population & $119k+ average household income
  • Close proximity to Chesterfield Fire Station for added safety and security
  • Adjacent to established industrial businesses like X-Treme Auto Truck & Performance
  • Nearby retailers include Fire House Pub & Grill, Marco’s Pizza, and more
  • Adjacent Parcel is for sale

Description

Prime property located in the coveted Chesterfield area. Zoned RT-Tech and R1A-Res, this versatile space offers a plethora of development opportunities, making it an ideal choice for discerning retail investors. Its strategic location provides convenient access to an array of amenities, making it an attractive destination for both residents and businesses.

Chesterfield has the historic charm of old downtown and the modern sleek subdivisions wrapped around lakes and golf courses. It has become a transportation hub for boats carrying goods to other parts of the region.

Nearby points of interest include the waterfront dining experiences at Lake St. Clair, the retail offerings at Chesterfield Commons, and the recreational opportunities of Brandenburg Park. With its proximity to major roadways, the area provides seamless accessibility to the wider region, making it an attractive destination for both current and prospective tenants. Embrace the potential for growth, success, and community in the thriving area surrounding the property.

Lot Size: 3.0 acres


Documents

Land (22 Mile Raod) - 48825 Gratiot, Chesterfield, MI (OM).pdf

Map of 48825 Gratiot Avenue, Chesterfield, MI, 48051

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.