27700 gratiot ave - for sale - images1.loopnet.com€¦ · executive summary:27700 gratiot ave |...

DAN BLUGERMANVice Pres ident , [email protected]

DAVE [email protected]

EXCLUSIVELY LISTED BY:

27700 GRATIOT AVE - FOR SALE2 7 7 0 0 G R AT I O T AV E , R O S E V I L L E , M I 4 8 0 6 6

E X E C U T I V E S U M M A R Y : 27700 Gratiot Ave | Roseville, MI 48066

Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335

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DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Total Households: 7,622 57,855 142,920

Total Population: 19,112 139,245 348,946

Average HH Income: $49,168 $54,604 $57,377

PROPERTY HIGHLIGHTS

• 10,926 SF 1st & 2nd floor space / 4,053 lower level space

• Value add potential through leasing seller's space

• Hard to find quality - traditional architecture and construction

• Easy access to I-696 and I-94 expressways

• Current tenant base pays $4,270/month gross

• Excess land makes for excellent user/re-purpose opportunity

• Three points of access (Gratiot Ave, Meier St, & Mesle St)

OFFERING SUMMARY

Sale Price - REDUCED: Was: $625,000.00NOW: $595,000

Price / SF: $54.46

Location Description: Located on the east side of GratiotAve, just north of the I-696expressway

APN: 14-17-427-062

Year Built: 1928

Building Size: 10,926 SF

Zoning: Front Half - B3; Back Half -Parking


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PROPERTY NAME: 27700 Gratiot Ave

PROPERTY ADDRESS: 27700 Gratiot AveRoseville, MI 48066

PROPERTY TYPE: Office

APN: 14-17-427-062

LOT SIZE: 1.11 AC

ZONING: Front Half - B3; Back Half - Parking

TAXES: 2017 Winter: $4,904.772017 Summer: $7,615.77

YEAR BUILT: 1928

NUMBER OF STORIES: 2

SURROUNDING BUSINESSES: Checker's, McDonalds, Tubby's, Comerica Bank, Taco Bell, Walmart, CVS, Starbucks, and manyothers

LAND LEGAL DESCRIPTION: MESLE'S SUB PART OF LOTS 3 & 4 TOGETHER DESC AS FOLL; BEG AT SE COR LOT 3; THS87*09'W 17.92 FT; TH N25*32'E 37.70 FT TO W LINE LOT 4; TH N02*51'W 26.80 FT; THN87*09'E 13.92 FT; TH N25*32'E 43.0 FT; TH N87*09'E 26.30 FT; TH S02*51'E 98.15 FT ALG E L

UTILITIES DESCRIPTION: City Water and Sanitary Sewer

OCCUPANCY % 50% leased / 50% owner occupied

TRAFFIC COUNT & STREETS: 66,688 Vehicles/Day (Costar, 2015)

BUILDING SIZE: 10,926 SF

P R O P E R T Y D E TA I L S : 27700 Gratiot Ave | Roseville, MI 48066


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A D D I T I O N A L P H O T O S : 27700 Gratiot Ave | Roseville, MI 48066


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A D D I T I O N A L P H O T O S : 27700 Gratiot Ave | Roseville, MI 48066


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R E N T R O L L : 27700 Gratiot Ave | Roseville, MI 48066


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B U I L D I N G O P E R A T I N G E X P E N S E S : 27700 Gratiot Ave | Roseville, MI 48066


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F L O O R P L A N : 27700 Gratiot Ave | Roseville, MI 48066


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B L U E P R I N T 1 S T F L O O R : 27700 Gratiot Ave | Roseville, MI 48066


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B L U E P R I N T 2 N D F L O O R : 27700 Gratiot Ave | Roseville, MI 48066


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S U R V E Y : 27700 Gratiot Ave | Roseville, MI 48066


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R E TA I L E R M A P : 27700 Gratiot Ave | Roseville, MI 48066


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L O C AT I O N M A P S : 27700 Gratiot Ave | Roseville, MI 48066


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* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILESTOTAL POPULATION 19,112 139,245 348,946MEDIAN AGE 36.6 39.2 39.2MEDIAN AGE (MALE) 34.8 37.8 37.6MEDIAN AGE (FEMALE) 38.5 40.5 40.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILESTOTAL HOUSEHOLDS 7,622 57,855 142,920# OF PERSONS PER HH 2.5 2.4 2.4AVERAGE HH INCOME $49,168 $54,604 $57,377AVERAGE HOUSE VALUE $118,730 $125,458 $136,765

D E M O G R A P H I C S M A P : 27700 Gratiot Ave | Roseville, MI 48066

27700 gratiot ave - for sale - images1.loopnet.com€¦ · executive summary:27700 gratiot ave |...

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