Catylist ID:
#30827161
1528 Gratiot Avenue
Retail-Commercial
for Sale
Also listed as Special Purpose
| Catylist Listing ID: | 30827161 |
| Property Subtypes: | Mixed Use |
| Building Size (RSF): | 7,248 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.04 Acres |
| Sale Price: | $1,950,000 |
| Unit Price: | $269.04 PSF |
| Ceiling: | 14 ft. |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Usable Size (USF): | 7,248 SF |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
- 1st Floor and lower level restaurant - Liquor license available - City approved floor plans - (3) 2 bedroom apartments, all with high level finishes - Ultimate location - Excellent views |
Attachments & Media
Financials
| Finance Data Year | 2021 |
|---|---|
| Real Estate Taxes - Annual($) | $10,693 (Annual) |
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Wayne |
| Submarket/Township: | Detroit E of Woodward |
| Tax ID/APN: | 071000770 |
| Zoning: | B-4 |
| Property Located Between: | Jay St. |
| Traffic/Vehicle Count: | 29,138 |
| Number of Stories: | 4 |
| Year Built: | 1907 |
| Year Renovated: | 2007 |
| Roof Type: | Flat |
| Construction/Siding: | Wood Frame |
| Exterior Description: | Brick |
| Parking Description: | Street Parking |
| Sprinklers: | Other |
| Heat Source: | Other |
| Air Conditioning: | Other |
| Lot Frontage: | 48 |
| Lot Depth: | 36 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 18,847 | 103,631 | 302,118 |
| Median Age: | 42.37 | 39.35 | 35.24 |
| Households: | 10,522 | 48,537 | 117,877 |
Contact
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