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Gratiot Avenue Development Opportunity
For Sale
$199,000

3628 Gratiot Ave, Detroit, MI 48226

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

Property Size2,705 SF
Price / SF$73.57
Days on Market86

Property Features for 3628 Gratiot Ave

General Information

Standard status Active
Size 2,705 SF

Taxes and HOA fees

Annual Taxes $1,410
Listing Agency: Lambrecht Realty LLC
Listed By: John W Lambrecht Jr · License #6501375482
Source: Exprealty
Added: May 18 Changed: Aug 8 Last Checked: Aug 10 at 10:19AM

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

5,753
Businesses Nearby

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
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 Ave 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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