1486 Gratiot Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48207
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 9,428 sqft
Price per Sqft $127
Subdivision Riopelle Farm S Of Gratiot
MLS Listing ID 20251037934
Year Built 1950
Annual Tax Amount $24,586
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 20.08X25.21
Property Sub-Type Real Estate Only
Source Realcomp II Ltd
Property Description
This two-story, 9,428-square-foot mixed-use building near Eastern Market is fully occupied by Flowers for Dreams (5,395 SF) and Handcar (4,033 SF). Featuring a distinctive façade and interior courtyard, the property has benefited from significant ownership investment in MEP systems and exterior improvements. Within walking distance of Eastern Market and Downtown Detroit, it offers investors a stable, cash-flowing asset. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market's history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.
Location
State MI
County Wayne
Area Det: 6-Mack I75-Conner
Zoning Commercial,Office
Direction Gratiot and Riopelle
Exterior
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W07I000773S000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Full Service