For Auction

Fort Gratiot Former Restaurant | Walmart & Meijer Shadow

4750-4758 24th Avenue,
Fort Gratiot, MI 48059

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
22,070
Vehicles Per Day
1.35 Acres
Land Area
Walmart, Meijer
Anchor Tenant(s)
5,000 SF
Property Size

Investment Highlights

Walmart & Meijer Shadow on 24th Avenue
Sits just south of Walmart and across from the Meijer entrance on Fort Gratiot's main retail spine.
National Co-Tenancy Along the Corridor
Neighbors include Chick-fil-A, Aldi, Panda Express, Tractor Supply, Belle Tire, and Huntington Bank.
Cross-Access to a Signalized Intersection
Cross-access to an adjacent traffic signal supports controlled turning movements into the site.
C-2 General Business Zoning Flexibility
C-2 allows a range of commercial uses, supporting reuse or redevelopment per township requirements.
180' of Frontage With 329' of Lot Depth
Deep lot with water and sewer along 24th Ave supports reuse of the building or a new ground-up pad.
328K Residents and $72.9K HHI in 5 Miles
Five-mile trade area holds 138,579 households and 10,405 businesses employing more than 112,000.

Offering Summary

Brokered by Landmark Commercial Real Estate Services and powered by RealINSIGHT Marketplace, 4750-4758 24th Avenue in Fort Gratiot, Michigan is a ±5,000 SF former restaurant on ±1.35 acres offering a buyer the choice of reusing the existing building or redeveloping the site. The parcel provides approximately 180 feet of frontage on 24th Avenue and 329 feet of depth, with water and sewer available along the corridor and cross-access to a traffic signal that supports connectivity to surrounding retail. C-2 General Business zoning allows a range of commercial uses, subject to township requirements, positioning the site for restaurant, quick-service, service retail, or other commercial users. The property sits just south of Walmart and across from the entrance to Meijer, within a corridor that includes Chick-fil-A, Aldi, Panda Express, Tractor Supply, Belle Tire, Huntington Bank, and AT&T. 24th Avenue carries 22,070 vehicles per day past the site, and the Birchwood Mall retail node lies just to the south. The five-mile trade area includes 328,366 residents, 138,579 households, and a median household income of $72,897, with 10,405 businesses employing more than 112,000 people. Fort Gratiot functions as a regional shopping destination for the Blue Water area, drawing from Port Huron, the Lake Huron shoreline, and cross-border traffic via the Blue Water Bridge.

Due Diligence

Location

The site fronts 24th Avenue just south of Cherry Hill Drive in Fort Gratiot Township, St. Clair County, Michigan, at the center of the Blue Water area’s primary retail corridor. Walmart, Meijer, and Birchwood Mall anchor the immediate trade area, while the Blue Water Bridge to Canada sits roughly 10 miles southeast, drawing regional and cross-border shoppers.

328,366
328,366
$72,897
Median household income, 5 miles
112,356
Employees within 5 miles

Transaction Managers

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

How it Works

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Auctioneer

Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915

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Auction Opens In
67d 9m 54s
$100,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Eli Neuman
Landmark Commercial Real Estate
MI License: 6501456898
Jack Melton
Landmark Commercial Real Estate
MI License: 6501450066

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.