$850,000
14365 GRATIOT Avenue Detroit, MI 48205 2303
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$850,000
Est. payment /mo
10,434 SqFt
New
14365 GRATIOT Avenue Detroit, MI 48205 2303
UPDATED:
11/22/2024 05:41 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,434 sqft
Price per Sqft $81
Subdivision Mi
MLS Listing ID 60356241
Annual Tax Amount $7,393
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 72x265
Property Description
Unlock the potential of this remarkable commercial property, combining two buildings at 14363 and 14365 Gratiot for a total of 10,297 square feet of versatile retail space. Nestled in the heart of the historic Seven Mile and Gratiot Business District, this property is positioned at the epicenter of the city’s G7 revitalization initiative, offering a rare opportunity to establish or expand your business in a thriving, high-visibility area. The buildings feature charming old-style architecture with authentic historical elements that add unique character, offering the perfect blend of heritage and opportunity for a creative redevelopment. The property’s historical charm is complemented by its robust structural integrity, with salvageable architectural features that could serve as a distinctive design foundation for your business. Whether you envision a boutique retail space, a showroom, or a creative workspace, the property’s ample square footage and flexible layout provide endless possibilities. With its prime location in a bustling district known for high foot traffic and excellent road connectivity, this property ensures maximum exposure to a vibrant and engaged community. As a former two-parcel property, the land has been consolidated to reduce costs, but it retains the potential for division if desired. This flexibility allows for a tailored approach to your business or investment strategy. Whether you’re seeking to launch a flagship location, expand an existing enterprise, or invest in a key piece of Detroit’s dynamic redevelopment story, 14363 and 14365 Gratiot present an unmatched opportunity to combine historic charm with modern business potential.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Exterior
Waterfront No
Building
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Others
Ownership Private
Assessment Amount $100
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Domain
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