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Former Burger King 9239 Gratiot Ave 1,993 SF Retail Building Detroit, MI 48213 $385,000 ($193.18/SF)
INVESTMENT HIGHLIGHTS
- Excellent Redevelopment or Lease-Up Opportunity | General Business (B-4) Zoning | Tremendous Value
- Direct Residential Consumer Base | Demographics in 5-Mile Trade Area
- Located Along Gratiot Avenue | Centralized Location | Strong Tenant Presence | Dense Industrial Trade Area
EXECUTIVE SUMMARY
The site presents an excellent lease-up or redevelopment opportunity. The property is zoned B-4 – General Business District, providing a wide range of commercial uses . The building is located in a highly desirable retail location with direct access to residential communities, national tenants, and industrial facilities. Built in 1997, the property consists of 1,993 SF of GLA on 0.55 acres, and features a drive-thru to benefit the surrounding customer base
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,993 SF
Building Class
B
Year Built
1997
Price
$385,000
Price Per SF
$193.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.55 AC
Zoning
B4 - General Business District
Parking
9 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
128’ on Gratiot Ave
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-0017146 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $132,700 |
PROPERTY TAXES
Parcel Number
19-0017146
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$132,700
CONTACTS
-
Michael Carter -
Frank Rogers -
Matthew Mousavi -
Patrick Luther -
SRS Real Estate Partners
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Former Burger King | 9239 Gratiot Ave
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