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Red Lobster 4220 24th Ave

5,803 SF Retail Building Fort Gratiot, MI 48059 $2,350,000 ($405/SF)

Executive Summary

Prime location!
5,803 sf located in the heart of retail corridor positioned along 24th Ave (25,000+ VPD) with large pylon signage to increase visibility. Positioned as an outlot to Lowe’s and surrounded by major Big Box retailers including Target, Meijer, The Home Depot and Walmart. Large 1.53-acre parcel with abundant parking. Currently vacant, previously occupied by restaurant tenant.
Also available for lease.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,803 SF
Building Class
B
Year Built
2001
Price
$2,350,000
Price Per SF
$405
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.53 AC
Zoning
C2
Parking
74 Spaces (12.75 Spaces per 1,000 SF Leased)
Frontage
201 FT on 24th Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,803 SF
  • Retail
  • Outparcel
  • Now

Great space.

Space Size Space Use Position Available
1st Floor 5,803 SF Retail Outparcel Now

1st Floor

Size
5,803 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 5,803 SF
Space Use Retail
Position Outparcel
Available Now

Great space.

Nearby Major Retailers

Huntington Bank
Olive Garden Italian Rstrnt
Starbucks
Rent-A-Center
ALDI
Big Boy
Kroger
BIGGBY Coffee
Fifth Third Bank
Texas Roadhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-022-4001-100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$802,900
  • Listing ID: 32042047

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 4220 24th Ave, Fort Gratiot, MI 48059

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