Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10195 Gratiot Ave Detroit, MI 48213

    Picture of Mixed-use properties at Gratiot Ave 10195, Detroit, MI
    For Sale
    $248,000

    Apartments,Real Estate Only - Detroit, MI

    Property size:
    7,236 SF
    Lot size:
    0.11 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 10195 Gratiot Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Light Industrial,Multiple,Residential
    APN
    W19I001761S
    Size
    7,236 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Expense value
    40000
    Expense
    Security Deposit
    Expense freq.
    Once

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1927
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt, Composition
    Architectural style
    Other

    Traditions 21 - A Real Estate Co, LLC (248) 877-2837 [email protected]

    Listing agent Patricia A Hespel Salvato (248) 877-2837

    Listing date Sep 7, 2025

    MLS# 20251034115 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Mixed-Use Building For Sale

    This mixed-use property in Detroit, Michigan, features a commercial building with three retail spaces on the first floor and four apartments on the second floor. The property is located in a prime location on Gratiot Avenue, close to the city airport and I-94, in an area experiencing strong regrowth. The building has a newer roof on the back portion. The property, situated on a 0.11-acre lot, is zoned for commercial, light industrial, multiple, and residential uses. The building encompasses a total of 7,236 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0033011
    Latitude
    42.3967752

    Nearby Similar for Sale

    • $4,500,000
      48,336 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit apartment complex near Dearborn, generating nearly $50,000 monthly.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $4,500,000
      36,221 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit multifamily property in Detroit's Oakman Boulevard neighborhood.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $2,238,350
      24,912 SF

      Detroit Investment Property Package Deal

      Package deal featuring tenant-occupied and vacant homes in Detroit.
      326 Eastlawn St, Detroit, MI 48215
      View Details
    • $425,000
      6,616 SF

      Farwell Commercial/Industrial Property For Sale

      Office, business center, and bay garages in Farwell, Michigan.
      2655 W Ludington Dr, Farwell, MI 48622
      View Details
    • New
      $345,000
      0.12 Acres

      Detroit Duplex in Boston-Edison

      Well-maintained duplex with strong rental potential in Historic Boston-Edison.
      1665 Atkinson St, Detroit, MI 48206
      View Details
    • $1,499,000
      3,800 SF

      Turn-Key Dispensary on Large Lot

      Fully licensed dispensary with drive-thru and ample parking for sale.
      5540 E 8 Mile Rd E, Detroit, MI 48091
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and apartments in prime location.
    Where is this mixed-use property located?
    The property is located at 10195 Gratiot Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $248,000.
    What are key features of this property?
    This property features: - Prime Gratiot Ave Location with strong regrowth in area.; - Handyman commercial building with land contract terms available.; - Mixed-use property: 3 retail spaces (1st floor) and 4 apartments (2nd floor).
    (248) 877-2837
    Request Owner's contact information
    10195 Gratiot Ave Detroit, MI 48213
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10195 Gratiot Ave
    Detroit, MI 48213
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10195 Gratiot Ave Detroit, MI 48213
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.