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Gratiot Avenue Development Opportunity
For Sale
$199,000

3628 Gratiot Avenue, Detroit, MI 48207

Prime mixed-use property near Eastern Market and Heidelberg Project.

Property Size2,705 SF
Price / SF$73.57
Days on Market98

Property Features for 3628 Gratiot Avenue

General Information

Standard status Active
Size 2,705 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $1,410

Building Details

Building Size 2,705 SF
Year Built 1923
Listing Agency: Lambrecht Realty LLC
Listed By: John W Lambrecht · License #6501375482
Source: Buyatthelake
Added: May 18 Changed: Aug 23 Last Checked: Aug 23 at 7:48AM

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 Lambrecht Realty LLC

Investment Insights

Based on property information with market context.

This property presents a development opportunity on Gratiot Avenue, situated in the McDougall-Hunt area, near Eastern Market, the Heidelberg Project, and the original Faygo plant. The building is suited for a small business, creative studio, artist loft, or mixed-use concept. It features dual entry/exit access points, large bay windows for natural light, a new roof, and two oversized garage doors. The property offers visibility and possibilities for rooftop activation. Additional adjacent lots are available for purchase. The property size is 2705 square feet.

Key Highlights

  • Prime location on Gratiot Avenue in McDougall‑Hunt, near Eastern Market, Heidelberg Project, and Faygo plant.
  • Ideal for small business, creative studio, artist loft, or mixed‑use concept.
  • Dual entry/exit access points and two oversized garage doors for flexible use and easy logistics.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

437
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime mixed-use property near Eastern Market and Heidelberg Project.
Where is this mixed-use property located?
The property is located at 3628 Gratiot Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Prime location on Gratiot Avenue in McDougall‑Hunt, near Eastern Market, Heidelberg Project, and Faygo plant.; Ideal for small business, creative studio, artist loft, or mixed‑use concept.; Dual entry/exit access points and two oversized garage doors for flexible use and easy logistics.
More about this property
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