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Warehouse with Updated Roof
For Sale
$39,000

12701 GRATIOT Ave, Detroit, MI 48205

Warehouse includes a newly installed roof and a rebuilt back wall, with an open basement area requiring caution.

Property SizeContact for details
Days on Market40

Property Features for 12701 GRATIOT Ave

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1924
Listing Agency:
Listed By: Phillip VanBuren
Source: Elliman
Added: Jul 4 Changed: Jul 21 Last Checked: Aug 12 at 9:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phillip VanBuren

Investment Insights

Based on property information with market context.

This warehouse is offered for sale with recent exterior improvements, including a newly installed roof and a rebuilt back wall. The property also includes a basement area described as open, and visitors are advised to watch their step.

The asset is located on Gratiot Avenue in Detroit, MI, with walkability noted as car-dependent and transit scoring somewhat supportive for the area.

Based on the current condition and disclosed site notes, this is a straightforward warehouse offering with recent key repairs but requires attention around the open basement area.

Key Highlights

  • Year built: 1924
  • New roof installed this year
  • Back wall rebuilt

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse includes a newly installed roof and a rebuilt back wall, with an open basement area requiring caution.
Where is this warehouse located?
The property is located at 12701 GRATIOT Ave Detroit, MI.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Year built: 1924; New roof installed this year; Back wall rebuilt
More about this property
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