Redevelopment
20880 Gratiot | Eastpointe, Michigan | B-1 Community Business, PUD
This property is a high priority redevelopment node for the city of Eastpointe. An internal visioning session with the planning commission and three council representatives resulted in a desire for mixed-use, residential retail. However, city officials are eager to redevelop this site and will entertain all proposals. Currently, the site is zoned for storage, but the city is willing to amend the zoning ordinance to accommodate any potential use. With its prime location on busy Gratiot Avenue, this property promises to be a successful redevelopment project, whatever direction it takes.
Working in Eastpointe, a Redevelopment Ready Community
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Eastpointe was certified by the Michigan Suburbs Alliance as a Redevelopment Ready Community in March 2006. Achieving this distinction required the city to conduct a thorough analysis of its internal redevelopment processes and resolve weaknesses, inefficiencies and complexities with the help of certified planning consultants. Improvements were guided by the Redevelopment Ready Communities Best Practices, which were developed by a committee made up of representatives from development, real estate, academia, and state and local government. The result is an open and inviting redevelopment climate in the city of Eastpointe.
Address: 20880 Gratiot Ave. Eastpointe, MI 48021
Current ownership: McNichols Real Estate LLC
6773 Stonebridge Ct. West Bloomfield, MI 48322
Sale price: negotiable
Assessed value: $680,540
Tax ID number: 014-031-352-022
Zoning: B-1 Community Business, PUD
Estimated annual taxes: $45,000
Size of parcel: 6.1 acres
Current land use: Commercial, vacant big box
Financial incentives: Brownfield Redevelopment Authority, O.P.R.A.
- 62,000 square feet
- 1 story
- Ample parking
- Northeast corner of Gratiot and 8 Mile Rd.
- Surrounding properties include new developments on the northwest, southwest and southeast corners of intersection.
- Subdivision of parcel: Eastwood Plaze Subdivision. All Lot 2; Also part of Lot 3.
City Contact:
Steve Horstman, Economic Development Director
(586) 445-5016
