15398 Gratiot Ave
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15398 Gratiot Ave
2,375 SF Retail Building Detroit, MI 48205 $199,900 ($84/SF)
Investment Highlights
- Heavy Traffic
- Five Pre-Built Suites
- 2 Units
- On-Site Fenced Parking Lot
Executive Summary
Here’s your chance to own a two-unit (15398-15400 Gratiot) commercial building located on a prime corner of Gratiot Ave, offering excellent exposure and versatility for a range of businesses with endless amounts of traffic. Whether looking to owner-occupy or take advantage of this value-add opportunity, 15400 Gratiot features an ideal layout for any retail or service business, with a reception area and 5 pre-built suites. Whether you're looking to open a boutique, salon, professional office, or business alike, this space is ready to meet your needs. 15398 Gratiot offers an open-concept layout, perfect for a variety of uses. Previously a successful daycare, it includes a large, flexible space with a kitchen area in the back, making it ideal for childcare, fitness centers, or creative workspaces. Additional opportunity for your larger business ventures with the option of combining both units into one larger space. Both units have convenient rear access to the on-site gated parking lot, along with alley access ensuring secure and easy parking for staff and customers alike. This property has excellent visibility—don’t miss this opportunity to bring your business to a thriving location that borders Eastpointe! Schedule your private tour today! BATVAI
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,375 SF
Building Class
C
Year Built
1953
Price
$199,900
Price Per SF
$84
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.21 AC
Zoning
B4 - General Business District
Parking
12 Spaces (5.74 Spaces per 1,000 SF Leased)
Frontage
45 FT on Gratiot Ave
Amenities
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 21-0284245 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $40,700 |
PROPERTY TAXES
Parcel Number
21-0284245
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$40,700
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15398 Gratiot Ave
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