12595 Gratiot Ave - Storefront FOR SALE


Detroit, MI 48205
$189,000 USD
248-358-5341
12595 Gratiot Ave, Detroit, MI for Sale
$189,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

12595 Gratiot Ave
Detroit, MI 48205


HIGHLIGHTS

  • 5,150 SF Stand-alone Building
  • Corner Frontage on Gratiot Ave
  • 24,150 Vehicles per Day
  • Upper-Apartment with Separate Entrance
  • Downstairs retail with tall ceilings and garage doors
  • New HVAC systems installed throughout

OVERVIEW

12595 Gratiot Ave is primed for value-add renovations and leasing, or owner-user activity. The property has already been gutted and new HVAC systems have been installed throughout the building. Downstairs features a 3,900 SF retail unit with side garage doors, corner frontage, and signage. Upstairs is a 1,250 SF apartment with an upstairs deck.

FOR SALE DETAILS

PRICE

$189,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B4

APN/PARCEL ID

21-028955

ASK ABOUT THIS PROPERTY

Anthony PellegrinoP.A. Commercial, LLCMore Info
248-358-5341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Anthony PellegrinoP.A. Commercial, LLCMore Info
248-358-5341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.