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15390 Gratiot Ave
Detroit, MI 48205
Income Making Sign & Building/ Land · Retail Property For Sale
Investment Highlights
- 8 Mile Gratiot corner Across from National Chains
- High Volume traffic
- Billboard and billboard income included
- Sign Lease on Roof Pays Tax and Insurance for building yearly
- 2,200 Sq Foot Deep basement
- 4,400 SF freestanding retail building
Executive Summary
Absolutely wonderful Location and building In a high-demand area, with plenty of national chains across the street, Nicely maintained brick building W/ 2200 ft.² up 2200 ft.² down and a lease with Sign company paying $7000 per year, for a Sign Roof,(pays for the taxes on the building)
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
C
Year Built
1948
Price
$269,000
Price Per SF
$61.14
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.12
Lot Size
0.09 AC
Zoning
Commercial/Industrial Bui - Retail
Parking
6 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
34’ on Gratiot Ave
Amenities
- Monument Signage
Property Taxes
| Parcel Number | 21-0284267 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $53,300 |
Property Taxes
Parcel Number
21-0284267
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$53,300
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