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- LoopNet Team
1428 Gratiot Ave
Detroit, MI 48207
Retail Property For Sale

PROPERTY FACTS
- Restaurant
- Office Office Residential
AMENITIES
- 24 Hour Access
- Restaurant
- Security System
- Roof Terrace
- Air Conditioning
ABOUT 1428 GRATIOT AVE , DETROIT, MI 48207
Antietam is located in a trendy neighborhood and area that is booming with development and activity. Antietam consists of 3,100 square feet of commercial space which includes a liquor license, and a 1,700 square foot 2 bedroom apartment building. Recently, the commercial was recently leased and built out by “LeCulture Cafe,” a french cafe that is paying $80,000 per year triple net lease. The tenant is responsible for all operating expenses pertaining to the commercial building including utilities, general maintenance, and property taxes. The 2 BR apartment is currently on a month to month rent at $2,375 per month. Combined this is a gross potential revenue of $108,500 per year.
PROPERTY TAXES
| Parcel Number | 07-0007801 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $90,300 |
PROPERTY TAXES
Listing ID: 14821695
Date on Market: 1/10/2019
Last Updated:
Address: 1428 Gratiot Ave, Detroit, MI 48207
The Lafayette Park Retail Property at 1428 Gratiot Ave, Detroit, MI 48207 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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