1494 Gratiot Avenue Active

Detroit,MI 48207 2723

$ 600000

- Bed

- Bath

2930 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $204

Subdivision Mi

MLS Listing ID 60937898

Annual Tax Amount $5,532

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 39x39

Property Sub-Type Commercial/Industrial

Property Description

Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. 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. Proof of funds required for all tours.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Commercial

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership Private

Financing Cash,Conventional

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