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Retail Building in High-Demand Area

15390 GRATIOT Avenue Detroit, MI 48205

15390 GRATIOT Avenue, Detroit, MI, 48205
$245,000
For Sale
Claim this Listing
$245,000

Well-maintained brick building in a high-traffic location.

Property Size4,400 SF
Lot Size0.08 Acres
Price / SF$55.68
AddedApr 27, 2021
Days on Market1906
Last RefreshApr 5 at 8:27 pm

Property Features for 15390 GRATIOT Avenue

General Information

Standard status
Active
Size
4,400 SF
Lot size
0.08 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1948

Listing office Keller Williams Paint Creek

Listing date Apr 27, 2021

Source Exitrealty

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 Keller Williams Paint Creek


Investment Insights

Based on property information with market context.

This well-maintained brick building is situated in a high-demand area with numerous national chains located across the street. The property features 2,200 square feet on the upper level and 2,200 square feet on the lower level, totaling 4,400 square feet. A lease agreement is in place with a sign company for roof signage, generating an annual income of $6,000, which covers the building's taxes.

Key Highlights

  • High‑demand location with proximity to national chain stores.
  • Lease agreement with a sign company generating $6,000 annual income.
  • Sign lease income covers the building's property taxes.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Chin's Wig Shop Clothing & Fashion Store Title Loans Detroit ... Loan Service

Suggested Use

Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale Store Pharmacy Skin Care Clinic HVAC Service Spa & Massage Center

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

FAQs

What type of property is this?
Retail space - Well-maintained brick building in a high-traffic location.
Where is this retail space located?
The property is located at 15390 GRATIOT Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: High‑demand location with proximity to national chain stores.; Lease agreement with a sign company generating $6,000 annual income.; Sign lease income covers the building's property taxes.
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