12595 Gratiot Ave
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12595 Gratiot Ave
5,150 SF Retail Building Detroit, MI 48205 $189,000 ($37/SF)
Investment Highlights
- 5,150 SF Stand-alone Building
- 24,150 Vehicles per Day
- Downstairs retail with tall ceilings and garage doors
- Corner Frontage on Gratiot Ave
- Upper-Apartment with Separate Entrance
- New HVAC systems installed throughout
Executive Summary
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,150 SF
Building Class
C
Year Built
1926
Price
$189,000
Price Per SF
$37
Tenancy
Single
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.10 AC
Zoning
B4
Frontage
41 FT on Gratiot Ave
PROPERTY TAXES
| Parcel Number | 21-028955 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $66,300 |
PROPERTY TAXES
Parcel Number
21-028955
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,300
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12595 Gratiot Ave
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