12275 Gratiot Avenue Detroit, MI $ 99,900
12275 Gratiot Avenue
$ 99,900
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12275 Gratiot Avenue

Detroit, MI, 48205
$ 99,900
Baths0.0 Sq 1,293

Monthly Estimate*

$ 698

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Studio

Commercial Property for sale in Detroit, MI

for $99,900. This 1,293 square foot building was built in 1961 on a lot size of 0.2.

Situated on a prime corner lot, 12275 Gratiot Ave boasts exceptional visibility with 29,803 vehicles driving by daily, making it a magnet for potential customers and passersby. Its previous use as a used car lot indicates its suitability for automotive-related ventures, whether reviving it as a used car lot or transforming it into a thriving auto body and detailing shop. The building has been recently remodeled and features 2-10ft high bay doors for easy access. The lot itself is surrounded by a 6 foot fence with 2 access points. The property's strategic location and high traffic flow make it an attractive prospect for those looking to capitalize on this prime piece of real estate in Detroit! BTVAI

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Commercial Active

Price

$ 99,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,813

Style

Lot Size

0.2

Year Built

1961

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230095931

Features
Interior
Heating Fuel Natural Gas
Street Suffix Avenue
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Exterior Features Fenced
Zoning Commercial
Year Built 1961
Property Type Commercial
Subdivision Name CYRIL SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 225
MLS Area Det 8 To Gratiot/Houston To 7
Directions West of Gratiot / South of 7 Mile
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name GRATIOT
Total Sq Ft 1293
DOM 164
Taxes 1813.0000
Legal Description N GRATIOT AVE 1 CYRIL SUB L45 P92 PLATS W C R 21/682 147.02 IRREG
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Exterior
Waterfront 0
Lot Size Area 0.20
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 147.00 x 59.00
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Jeff Glover

Listing Agent

Kw Professionals

Broker

(734) 259-1100

Phone

Affordability Calculator

$849
Per Month
82%
18%
0%
Monthly Principal & Interest
$698
Monthly Property Taxes
$151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2024$99,900 -20.02% Price Down
11/10/2023$124,900 Listed Price

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12275 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $99,900 with 1,293 sqft and a lot size of 0.2. 12275 Gratiot Avenue is a studio with 0.0 baths and was built in 1961. The property's zip code is 48205 which is in Detroit, MI