MI > Detroit > Riopelle Farm S Of Gratiot
Detroit, MI 48207,1494 Gratiot Avenue
Detroit, MI 48207,1494 Gratiot Avenue
Detroit, MI 48207,1494 Gratiot Avenue
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$600,000
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2,930 SqFt
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1494 Gratiot Avenue Detroit, MI 48207

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TAMARA FIEMA

TAMARA FIEMA

+1(248) 302-1777

UPDATED:

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

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

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TAMARA FIEMA

TAMARA FIEMA

Managing Broker/Owner | License ID: 318436

+1(248) 302-1777

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1494 Gratiot Avenue