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12121 Gratiot Ave 5,500 SF Retail Building Detroit, MI 48205 $355,000 ($64.55/SF)
INVESTMENT HIGHLIGHTS
- Ideal for various uses, including an entertainment hall or place of worship.
- High-visibility spot in Detroit's Gratiot-Findlay neighborhood.
- Recently replaced roof for added durability.
EXECUTIVE SUMMARY
Currently this site is used as an entertainment hall, but could also serve as a place of worship, sound studio, day care, to name a few options. A new roof was installed earlier this year, making the building practically maintenance free. Both buildings are included.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1970/2015
Price
$355,000
Price Per SF
$64.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.90
Lot Size
0.14 AC
Zoning
B4 - Commercial Zoned District
Parking
8 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
52’ on Gratiot Ave
AMENITIES
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-0289234 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $35,800 |
PROPERTY TAXES
Parcel Number
21-0289234
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$35,800
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12121 Gratiot Ave
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