15390 Gratiot AveDetroit, MI 48205

For Sale
$249,900

High-demand location, 4,400 SF convenience store

Overview

Added:
Dec 11, 2024
Days on market:
93
This Class A, single-tenant retail property at 15390 Gratiot Ave, Detroit, MI 48205, offers 4,400 square feet of space in a high-demand area. The building, constructed in 1948 and renovated in 2015, sits on a 0.08-acre lot (APN: W21I028426C7) and features a single story. Zoned for commercial use, this property boasts a strong location near national chain stores. The building is comprised of two 2200 sq ft levels. A current lease with a sign company generates $6,000 annual income, effectively covering property taxes. The asking price is $249,900, with the business and inventory available for an additional $250,000. This presents a unique opportunity for investors seeking a well-maintained retail space in a thriving Detroit market. The property is privately owned.

Highlights

  • $249,900 asking price for a Class A retail property.
  • 4,400 square feet on a 0.08-acre lot in Detroit, MI.
  • Single-tenant convenience store/shopping center/storefront.
  • $56.80 per square foot.
  • Built in 1948, renovated in 2015.

Property Details for 15390 Gratiot Ave

Property type
Lifestyle centers, Power centers
Square Feet
4,400 SF
Class
A
Year Built
1948
Buildings
1
Stories
1
Lot Size (sq. ft)
3,485 SF
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.448785681382
Longitude
-82.968780456653
15390 Gratiot Ave, Detroit, Michigan

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15390 Gratiot Ave
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