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1480 Gratiot Ave 2,243 SF Retail Building Detroit, MI 48207 $425,000 ($189.48/SF)
EXECUTIVE SUMMARY
Located on an active stretch of Gratiot’s commercial corridor in Eastern Market, this light-filled 2,243-square-foot building is perfect for creative office or retail space. Built for a single-use tenant and well maintained, the historic building with its Art Deco facade presents an exceptional storefront opportunity in a highly visible location along one of Detroit’s major thoroughfares. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,243 SF
Building Class
C
Year Built
1965
Price
$425,000
Price Per SF
$189.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B4
Frontage
49’ on Gratiot Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- SMPLFD
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| SMPLFD | Retailer | - | - | - |
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-000774 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $101,100 |
PROPERTY TAXES
Parcel Number
07-000774
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$101,100
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1480 Gratiot Ave
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