1494 Gratiot Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48207
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,930 sqft
Price per Sqft $204
Subdivision Riopelle Farm S Of Gratiot
MLS Listing ID 20251037963
Year Built 1918
Annual Tax Amount $5,532
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 39x39
Property Sub-Type Real Estate Only
Source Realcomp II Ltd
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
Area Det: 6-Mack I75-Conner
Zoning Commercial,Multi-Family
Direction Gratiot and Riopelle
Exterior
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W07I000771S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Full Service