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3121 Gratiot Ave
Detroit, MI 48207
Retail Property For Sale
Investment Highlights
- Heavy daytime foot traffic
- Free Standing building
- New roof, HVAC, boiler, and kitchen equipment (2023)
- Prime corner location with high visibility and traffic
- Fully operational restaurant with drive-thru
- B-4 commercial zoning – flexible for various business types
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
752 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.09 AC
Zoning
B4 - Commercial
Parking
6 Spaces (7.98 Spaces per 1,000 SF Leased)
Frontage
68’ on Gratiot Ave
About 3121 GRATIOT AVE , DETROIT, MI 48207
Located on a high-visibility corner lot in the heart of Detroit, 3121 Gratiot Avenue presents a rare opportunity to acquire a fully operational turnkey restaurant with strong local presence and over 25 years in business. This standalone commercial property is zoned B-4, allowing for a wide range of commercial uses. The building has been recently upgraded in 2023 with a new roof, HVAC system, boiler, and kitchen equipment, making it move-in ready for restaurateurs or investors seeking a plug-and-play opportunity. With excellent foot and vehicle traffic, a drive-thru, and ample parking, this property is well-positioned for continued success or adaptive reuse.
Property Taxes
| Parcel Number | 13-001823 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $39,700 |
Property Taxes
Parcel Number
13-001823
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$39,700
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