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Mixed-Use Property with Retail Space
For Lease
$10 SF/Yr

3317-3323 Gratiot Ave, Detroit, MI 48207

Street-level commercial space accompanies four occupied residential units in a renovated mixed-use building.

Space SizeContact for details
Property Size6,875 SF
Days on Market1647

Property Features for 3317-3323 Gratiot Ave

General Information

Standard status Active
Size 6,875 SF
Property subtype Retail
Zoning B4

Space & Availability

Floor 1
Space Use Retail/Office

Additional Details

Corner Location Yes

Building Details

Building Size 6,875 SF
Year Built 1911
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Insite Commercial
Listed By: Zak Shepler · License #6501407469
Source: Cpix.resimplifi
Added: Feb 26, 2022 Changed: Aug 31 Last Checked: Aug 31 at 5:56AM

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 Insite Commercial

Investment Insights

Based on property information with market context.

This 6,875-square-foot mixed-use building, constructed in 1911, combines street-level retail or office space with four second-floor apartments. The available commercial area occupies the first floor, while the residential component includes two two-bedroom units and two studios, all currently occupied.

Located at the corner of Gratiot Avenue and Mack Avenue immediately north of Downtown Detroit, the property carries B4 zoning. Building improvements include new plumbing, electrical systems, doors, and windows throughout, with the roof described as being in good condition.

Key Highlights

  • 6,875‑square‑foot mixed‑use building constructed in 1911
  • First‑floor retail or office space available for lease
  • Four second‑floor apartments: two two‑bedroom units and two studios

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space accompanies four occupied residential units in a renovated mixed-use building.
Where is this mixed-use property located?
The property is located at 3317-3323 Gratiot Ave Detroit, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 6,875‑square‑foot mixed‑use building constructed in 1911; First‑floor retail or office space available for lease; Four second‑floor apartments: two two‑bedroom units and two studios
More about this property
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