1486 Gratiot Ave, Detroit, MI 48207

Building Details

Year Built

1950

Listing office O'Connor Real Estate s***@oconnordetroit.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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 O'Connor Real Estate

Report an issue

---

Overview

This two-story mixed-use building offers 9,428 square feet of space and is located near Eastern Market. The property is fully occupied by Flowers for Dreams, occupying 5,395 square feet, and Handcar, occupying 4,033 square feet. The building features a distinctive façade and an interior courtyard. The property has benefited from significant ownership investment in MEP systems and exterior improvements. Situated within walking distance of both Eastern Market and Downtown Detroit, the property presents investors with a stable, cash-flowing asset.

Suggested Use

Daycare Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Electronics & Wireless Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Restaurant Pet Store

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

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.0377

Latitude

42.3446

Nearby Similar for Sale

• 

  $344,900

  4,468 SF

  Turnkey Auto Repair Shop

  Turnkey automotive service center with multiple roll-up doors, hydraulic lifts, and a fenced yard for repair and storage operations.

  13118 Gratiot Avenue, Detroit, MI 48205

  View Details
• 

  $1,200,000

  6,508 SF

  Turnkey Auto Repair Facility

  6,500 SF auto repair facility on 8 Mile.

  10311 W 8 Mile Road, Detroit, MI 48221

  View Details
• 

  $650,000

  8,576 SF

  Detroit Industrial Opportunity For Sale

  Versatile industrial property with income, ideal for investors/owner-users.

  13501 Auburn Street, Detroit, MI 48223

  View Details
• 

  $800,000

  9,050 SF

  Detroit Retail Center on Joy

  Eight-unit retail center with high visibility and value-add potential.

  10501 Joy Road, Detroit, MI 48204

  View Details
• 

  $800,000

  7,748 SF

  E Warren Retail Opportunity

  Value-add retail package on E. Warren Ave in Detroit.

  16830 E Warren Avenue, Detroit, MI 48224

  View Details
• 

  $975,000

  2,100 SF

  Rail-Served Heavy Industrial Yard

  Fenced and gated rail-access yard suited to logistics operations in Detroit’s M-4 heavy industrial corridor.

  175 S Campbell Street, Detroit, MI 48209

  View Details
• 

  $239,900

  8,000 SF

  Turnkey Dry Cleaning Facility

  For sale turnkey dry-cleaning operation with approximately 8,000+ square feet of commercial space on a small lot.

  2854 E 7 Mile Road, Detroit, MI 48234

  View Details
• 

  $1,100,000

  4,000 SF

  Profitable Auto Business with Real Estate

  Operating auto service business with property for sale in Detroit.

  11505 LIVERNOIS Avenue, Detroit, MI 48204

  View Details
• 

  $720,000

  18,425 SF

  Detroit Industrial Property with Renovated Office

  Multi-parcel industrial property with renovated office space in Detroit.

  20210 Sherwood Street, Detroit, MI 48234

  View Details
• 

  $989,000

  6,108 SF

  Detroit Commercial/Industrial Multi-Use Property

  Versatile commercial and industrial property in Detroit, ideal for redevelopment.

  12700 Schaefer Highway, Detroit, MI 48227

  View Details
• 

  $200,000

  3,150 SF

  Detroit Mixed-Use Property For Sale

  Versatile mixed-use property with high-traffic location and ample parking.

  23806 Grand River Avenue, Detroit, MI 48219

  View Details
• 

  $399,999

  9,164 SF

  Detroit Office Building on Grand River

  Classic brick office building with value-add opportunity on high-traffic corridor.

  16625 Grand River Avenue, Detroit, MI 48227

  View Details

FAQs

What type of property is this?

Mixed-use property - Two-story, fully occupied mixed-use building near Eastern Market and Downtown.

Where is this mixed-use property located?

The property is located at 1486 Gratiot Ave Detroit, MI.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Fully occupied mixed‑use building with two established tenants: Flowers for Dreams and Handcar; Located near Eastern Market and Downtown Detroit, offering excellent accessibility; Significant ownership investment in MEP systems and exterior improvements