9239 Gratiot Ave - Fast Food FOR SALE


Detroit, MI 48213- East Side
$525,000 USD
248-688-0630
9239 Gratiot Ave, Detroit, MI for Sale
$525,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

9239 Gratiot Ave
Detroit, MI 48213
East Side


HIGHLIGHTS

  • Excellent Redevelopment or Lease-Up Opportunity | General Business (B-4) Zoning | Tremendous Value
  • Located Along Gratiot Avenue | Centralized Location | Strong Tenant Presence | Dense Industrial Trade Area
  • Direct Residential Consumer Base | Demographics in 5-Mile Trade Area

OVERVIEW

The site presents an excellent lease-up or redevelopment opportunity. The property is zoned B-4 – General Business District, providing a wide range of commercial uses . The building is located in a highly desirable retail location with direct access to residential communities, national tenants, and industrial facilities. Built in 1997, the property consists of 1,993 SF of GLA on 0.55 acres, and features a drive-thru to benefit the surrounding customer base

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

B4

APN/PARCEL ID

19-0017146

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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