1494 Gratiot Avenue, Detroit, MI 48207
1494 Gratiot Avenue, Detroit, MI 48207
1494 Gratiot Avenue, Detroit, MI 48207
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$600,000
Est. payment /mo
2,930 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $204

MLS Listing ID 20251037963

Year Built 1918

Annual Tax Amount $5,532

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 39x39

Source Realcomp

Property Description

Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market's history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

Location

State MI

County Wayne

Zoning Commercial,Multi-Family

Direction Gratiot and Riopelle

Rooms

Basement Basement

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W07I000771S

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Listed by O'Connor Realty Detroit, LLC

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

Name

Name

Phone*

Phone

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