Log In/Sign Up
Follow your favorite listings
Get instant alerts when your saved properties are updated
Never miss a deal
Receive new listings that match your saved searches automatically
Something catch your eye?
Keep your team up to date by sharing potential listings
Access secure data
View confidential documents and streamline your due diligence
Enter your email to login or create a free account
12719 Gratiot Ave
Detroit, MI 48205
Retail Property For Sale
EXECUTIVE SUMMARY
Historic Detroit Building – 4983 Sq. Ft. – For Sale Built in 1925, this historic property originally opened as the Franklin Theater in 1926 before becoming the Guild Theater. In need of a full renovation, it offers an excellent opportunity for developers or investors to restore a significant piece of Detroit’s history. This property is also available for lease.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,983 SF
Building Class
C
Year Built
1925
Price
$50,000
Price Per SF
$10.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.23 AC
Zoning
B4 - General Business District
Parking
15 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $72,800 |
