1461 GRATIOT Avenue Detroit, MI ^$ 2,300,000

1461 GRATIOT Avenue

^$ 2,300,000

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1461 GRATIOT Avenue

Detroit, MI, 48207

^$ 2,300,000

Studio Baths0.0 Sq 12,000

Monthly Estimate*

^$ 15,287

1461 GRATIOT Avenue, Detroit, MI 48207 - Image 1

Studio

Commercial Property for sale in Detroit, MI

for $2,300,000. This 12,000 square foot building was built on a lot size of 0.08.

PRIME LOCATION. HISTORIC BUILDING AND BUSINESS FOR SALE IN THE EASTERN MARKET DISTRICT. COMMERCIAL SALE INCLUDES BUILDING, BUSINESS AND A PARKING LOT. INVENTORY IS NEGOTIABLE. SHOWINGS BY APPOINTMENT ONLY WITH A MICHIGAN LICENSED REALTOR, EVENINGS PREFERRED. MUST BE ABLE TO PROVIDE PROOF OF FUNDS TO CLOSE PRIOR TO SHOWINGS. BE A PART OF DETROIT'S COMEBACK IN THIS BOOMING DISTRICT CLOSE TO DOWNTOWN.

Commercial Active

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,713

Style

Commercial/Industrial

Lot Size

0.08

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60264336

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Rubber

Exterior Features Security Lighting

Water Public Water

Status Active Active

Year Built 19

Subdivision COMMISSIONERS SUB PART OF LOT NO 1 2 & 3 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions S OF I-275 / W OF CHENE

City Detroit

Street Name GRATIOT

Financial Terms Cash Conventional

Legal Description N GRATIOT 3-2 COMMISSIONERS SUB L276 P286-90 DEEDS W C R 7/24 48.38 IRREG

DOM 231

Postal Code 48207

Price Per Sq Ft Total 191.67

Coming Soon PRIME LOCATION. HISTORIC BUILDING AND BUSINESS FOR SALE IN THE EASTERN MARKET DISTRICT. COMMERCIAL SALE INCLUDES BUILDING

Exterior

Exterior Brick

Frontage 70

Lot Size Area 0.08

Lot Dimensions 40.00 X 85.80

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Dennis Weese

Listing Agent

National Realty Centers, Inc

Broker

dennis@nrc.email

Affordability Calculator

$15,513

Per Month

Monthly Principal & Interest: $15,287
Monthly Property Taxes: $226
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$489,076

Percent of Sale Price 79%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2023	$2,300,000		Listed Price

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1461 GRATIOT Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $2,300,000 with 12,000 sqft and a lot size of 0.08. 1461 GRATIOT Avenue is a studio with 0.0 baths. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1461 GRATIOT Avenue

Commercial Property for sale in Detroit, MI

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