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1494 Gratiot Ave Detroit, MI 48207

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For Sale
$600,000

Two-story, fully occupied mixed-use building near Eastern Market.

Lot size:
0.03 Acres

Property Features for 1494 Gratiot Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.03 Acres

Building Details

Year built
1918

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Listing Contact
Vincent Mazzola
Vincent Mazzola
Source: Elliman

Listing Agency: O'Connor Realty Detroit, LLC Listing Agent: Vincent Mazzola

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Gratiot Avenue Mixed-Use Building

Located on a highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is an investment property. The property is fully occupied and anchored by La Ventana Cafe. The building has had significant investment into its MEP systems and facade. This property is a cashflowing asset within walking distance of Eastern Market and Downtown Detroit.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0375472
Latitude
42.3446749

FAQs

What type of property is this?
Mixed-use property - Two-story, fully occupied mixed-use building near Eastern Market.
Where is this mixed-use property located?
The property is located at 1494 Gratiot Ave Detroit, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: - Prime corner location on Gratiot's commercial corridor.; - Fully occupied, cash-flowing investment property.; - Anchored by established neighborhood cafe (La Ventana Cafe).
More about this property
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