MI > Detroit > More Than One Subdivision Involved
Detroit, MI 48205,14365 GRATIOT Avenue
Detroit, MI 48205,14365 GRATIOT Avenue
Detroit, MI 48205,14365 GRATIOT Avenue
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$850,000
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10,434 SqFt
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14365 GRATIOT Avenue Detroit, MI 48205

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Carrie Thompson

Carrie Thompson

+1(810) 893-3269

UPDATED:

11/22/2024 04:23 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 10,434 sqft

Price per Sqft $81

Subdivision More Than One Subdivision Involved

MLS Listing ID 20240087879

Originating Board Realcomp II Ltd

Year Built 1943

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 Det 8 To Gratiot/Houston To 7

Zoning Commercial

Direction West Side of Gratiot, just North of Seven Mile Road

Exterior

Road Frontage Class A, Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick,Wood

Schools

School District Detroit

Others

Tax ID W21I029104S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Conventional, Warranty Deed

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

Realcomp MLS
©2024 Realcomp II Ltd. Shareholders
Listed by Alan Davidov of KW Domain

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Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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14365 GRATIOT Avenue