12595 Gratiot AveDetroit, MI 48205

This 5,150 square foot, vacant, mixed-use building in Detroit, Michigan presents a compelling redevelopment opportunity. Located on Gratiot Avenue near the Detroit City Airport and the NorthPoint Industrial Development, this Class B property boasts high visibility with corner frontage and significant daily traffic (24,150 vehicles). The building, constructed in 1926, features a 3,900 square foot ground floor retail space with tall ceilings, garage doors, and signage potential. Upstairs, a 1,250 square foot apartment includes a private deck and separate entrance. The property has already undergone significant improvements, including the installation of new HVAC systems throughout. The building sits on a 0.1-acre lot and is zoned B4. With three units and a total asking price of $189,000 ($36.70/sq ft, $63,000/unit), this property offers strong potential for value-add renovations and leasing, or owner-user occupancy. The property's location within a revitalizing area of Gratiot Avenue, near established businesses and new developments, makes it an attractive investment. The Wayne County property's APN is 21-028955.