$1,200,000

1486 Gratiot Avenue, Detroit, MI 48207

9,428 sqft

other
Built in 1950
6,970sqft lot
—— car garage
$127/sqft
Listed 1 month ago

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.

Listing Status:: Active
Listing Office:: O'Connor Realty Detroit, LLC : 3139639891
Listing Agent:: Vincent Mazzola : 3139639891
MLS ID:: 20251037934

General: BrickSlab

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: S GRATIOT LOTS 211 & W 20.08 FT 215 EXC GRATIOT AVE AS WD SUB OF RIOPELLE FARM L35 P483 DEEDSW C R 7/17 20.08 IRREG 6741 SQ FT COMBINED ON 12/12/2023 FROM 07000773.07000733-39;W07I000773S000
Current Use: OfficeRetail

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Vincent Mazzola, O'Connor Realty Detroit, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Chrysler Elementary School

1445 E Lafayette St, Detroit, MI, 48207

Grades KG-5

0.47 miles away

Bunche Preparatory Academy

2715 Macomb St, Detroit, MI, 48207

Grades PK-8

0.70 miles away

Benjamin Carson High School of Science and Medicine

571 Mack Ave, Detroit, MI, 48201

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.