Mixed-Use Property with Retail
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 Market1648
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
(248) 359-9000
Listed By:
Zak Shepler · License #6501407469
(248) 359-9000
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.
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
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
Explore this area
Business Placement
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
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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
