1219-1225 Gratiot
Retail-Commercial
for Sale
Catylist Listing ID: |
30466838 |
Property Subtypes: |
Mixed Use, Restaurant, Street Retail
|
Building Size (RSF): |
6,321 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.85 Acres
|
Sale Price: |
$490,000 |
Unit Price: |
$77.52 PSF |
Ceiling: |
20 ft. |
Property Use Type: |
Net Leased Investment (NNN), Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/18/2021 |
Overview / Comments
Unique opportunity that is five properties in one. There is a 1,600 sf retail building that is currently leased out to Subway, a 1,300 sf office (currently partitioned into 3 small offices), a 3,500 sf steel Quonset shop and two vacant parcels. Frontage on SB Gratiot, Harrington, and NB Gratiot.
|
Additional Details
Nearest MSA: |
Detroit-Warren-Dearborn |
County: |
Macomb |
Submarket/Township: |
Macomb East |
Tax ID/APN: |
11-23-176-032, 11-23-176-034, 11-23-076-044 |
Property Visibility: |
Excellent |
Tenancy: |
Multiple Tenants |
Property Condition: |
Good |
Year Built: |
1963 |
Total Parking Spaces: |
25 |
Parking Type: |
Surface |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Lot Frontage: |
90 |
Lot Depth: |
300 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
15,325 |
101,649 |
254,357 |
Median Age: |
41.01 |
40.08 |
40.97 |
Households: |
6,706 |
43,097 |
105,858 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|