15400 Gratiot AveDetroit, MI 48205

For Sale
$149,900

Two-unit building, high traffic, excellent exposure.

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property, located at 15400 Gratiot in Detroit, MI, presents a unique investment opportunity. The two-unit building (15398-15400 Gratiot) sits on a prominent corner lot (0.11 acres) offering unparalleled visibility and accessibility. The main unit, 15400 Gratiot, boasts 2,213 square feet of versatile space, ideal for retail or service businesses. Its layout includes a reception area and five pre-built suites, suitable for a variety of uses, from boutiques and salons to professional offices. The second unit, 15398 Gratiot, features an open-concept layout of approximately 2,213 square feet, perfect for adaptable uses such as childcare, fitness centers, or creative workspaces. This unit includes a kitchen area and has a fresh lease starting January 2025, generating $1,200 monthly income. Both units benefit from convenient rear access to a gated parking lot and alley access, ensuring secure parking for staff and customers. The property's location on Gratiot Avenue provides exceptional exposure to high traffic volumes, making it an ideal location for a thriving business. The possibility of combining both units into one larger space offers additional expansion potential. This property is situated in a thriving area bordering Eastpointe, presenting a compelling opportunity for business owners seeking a high-visibility location with strong income potential.

Property Details for 15400 Gratiot Ave

Property type
Industrial properties, Other industrial properties
Square Feet
2,213 SF
Year Built
1919
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4488
Longitude
-82.96824
15400 Gratiot Ave, Detroit, Michigan

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15400 Gratiot Ave
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