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24637 S Gratiot Avenue

$ 499,900
24637 S Gratiot AVE ,


Great Eastpointe location!

Property includes gas station, C-Store, and oil change business on it. EBT Cards are accepted.

Beer and lotto can be added to the C-store to increase sales.

The business and property can be purchased as a corporation. This will allow smooth transfer of all licenses, insurances, and permits. Purchasing the corporation will avoid any transfer issues or delays for licenses, insurances, and permits.

Place is bright, clean, and inviting. It is go to location for racing fuel for performance enthusiasts and boaters.

4 underground tanks, 3 – 6,000 gal, and 1 12,000 gal. One 6,000 gal is for diesel. Tanks have been inspected and insured with Michigan Underground Tank Authority.

Great opportunity for an operator or a family run business.

Seller’s land contract terms:$150,000 down, 6% interest, 15 year amortization, 3 year balloon. Payment $2945.06/month

All sales and expenses are estimated based on 4 months of sales. Sell for health issues.

Address: 24637 S Gratiot AVE
Zip: 48021
Open In Google Maps
Property Id : 27185
Price: $ 499,900
Building size: 0.50 acres
Available Space: 3581 sq.ft.
Accessibility Features: Accessible Approach with Ramp
Active Openhouse Count: 0
Architecture Level: 1 Story
Building Area Source: Public Records
Business Type: Retail,Service
CDOM: 133
Commercial Exterior Features: Awning/Overhang(s),Doors 10-15 ft,Outside Lighting
Commercial Type: Commercial
Commercial Utilities: 220V Available,Smoke Alarm
Construction Materials: Block/Concrete/Masonry
County Or Parish: Macomb
Current Use: Gas station C-Store, and quick oil change
Deposit Amount: 150000.00
Directions: On southbound Gratiot Ave between 10 mile and Stephens
Directions From EastWest: w
Directions From EastWest Detail: Stephens
Directions From NorthSouth: s
Directions From NorthSouth Detail: Gratiot
Distance To Airport: 20
Distance To Interstate: 2
DOM: 133
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 139
Gross Scheduled Income: 600000.00
Heating: Central Air,Forced Air,Radiant
Heating Fuel: Natural Gas
Land Interest Rate: 6.0
Land Payment: 2945
Land Terms: 180
Last Change Type: Back On Market
List Office Name: New Michigan Realty, LLC
List Price By Acre: 999800.0000
Lock Box Type: Appointment
Lot Size Dimensions: 139.2 x 148.9
MLS: Realcomp II Ltd
MLS Area Major: Eastpointe
MLS Area Major Number: 03161
MLS Number: 219118330
Monthly Sales: 50000
Annual Net Income: 150000.00
Office Heating: Central Air,Forced Air
Operating Expense: 450000.00
Original List Price: 499900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1430204051
Plant Heating: Central Air,Forced Air,Radiant
Postal City: Eastpointe
Postal Code Plus 4: 3310
Property Type: Commercial
Protection Period: 180 days
Road Frontage Type: Class A
Roof Material: Rubber
Room Count: 0
School District: East Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: W
State Equalized Value: 124000.0000
Street Dir Prefix: S
Street Name: Gratiot
Street Number: 24637
Street Suffix: Avenue
Subdivision Name: ALBRIGHT PARK
Table: Commercial
Taxable Value: 123400.0000
Tax Amount Summer: 10104.7900
Tax Amount Winter: 331.1000
Tax Legal Description: ASSESSORS PLAT NO. 25 LOT 442 LIBER 38, PAGE 25
Title: Private - Owned
Total Tax: 10435.8900
Unit Count: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1950
Year Remodeled: 2019
Zoning: Commercial
Airport: Yes
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Interstate: Yes
Land Contract: Yes
Publish Sale Price: Yes
Railroad: No
Waterfront: No
Waterway: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via New Michigan Realty, LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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