Former Burger King | 9239 Gratiot Ave
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Former Burger King 9239 Gratiot Ave
1,993 SF Retail Building Detroit, MI 48213 $525,000 ($263/SF)
Investment Highlights
- Excellent Redevelopment or Lease-Up Opportunity | General Business (B-4) Zoning | Tremendous Value
- Direct Residential Consumer Base | Demographics in 5-Mile Trade Area
- Located Along Gratiot Avenue | Centralized Location | Strong Tenant Presence | Dense Industrial Trade Area
Executive Summary
• 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
• 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
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,993 SF
Building Class
B
Year Built
1997
Price
$525,000
Price Per SF
$263
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.55 AC
Zoning
B4 - General Business District
Parking
9 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
128 FT on Gratiot Ave
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 19-0017146 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $124,800 |
PROPERTY TAXES
Parcel Number
19-0017146
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$124,800
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Michael Carter -
Frank Rogers -
Power Broker Matthew Mousavi -
Power Broker Patrick Luther -
SRS Real Estate Partners
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Former Burger King | 9239 Gratiot Ave
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