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$ 600,000
Est. payment /mo
Active
1494 Gratiot AVE Detroit, MI 48207
2,930 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 2,930 sqft
Price per Sqft $204
Subdivision Riopelle Farm S Of Gratiot
MLS Listing ID 20251037963
Year Built 1918
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type RealEstateOnly
Property Description
Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. 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.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard

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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

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