12121 GRATIOT Avenue Detroit, MI $ 355,000
12121 GRATIOT Avenue
$ 355,000
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12121 GRATIOT Avenue

Detroit, MI, 48205
$ 355,000
Bedrooms-- Baths-- Sq 3,960

Monthly Estimate*

$ 2,215

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Commercial Property for sale in Detroit, MI

for $355,000. This 3,960 square foot building was built in 1970 on a lot size of 0.13.

Currently this site is used as an entertainment hall, but could also serve as a place of worship, sound studio, day care, to name a few options. A new roof was installed earlier this year, making the building practically maintenance free. Both buildings are included.

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Commercial Active

Price

$ 355,000

Property Type

Commercial

Taxes

$ 2,010

Style

RealEstateOnly

Lot Size

0.13

Year Built

1970

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240091840

Features
General
Sewer SewerAtStreet
Possession AtClose
Roof Rubber
Construction Materials Block
Year Built 1970
Levels One
Property Subtype RealEstateOnly
Current Use Commercial
County Wayne
Net Operating Income 9000.0
Operating Expense 3000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MORE THAN ONE SUBDIVISION INVOLVED
Garage Y/N N
Status Active
Directions Take 94 to Gratiot exit and head North.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2010.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 22662
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-12-11
Legal Description N GRATIOT ALL THAT PT OF 30 FLANDERS SUB L44 P45 PLATS W C R 21/665 ALSO ALL THAT PT OF 18 RICHARD CAMPAU SUB L51 P65 PLATS W C R 21/766 DESC AS FOLS BEG AT A PTE ON ELY LINE OF LOT 30 N 22D 2M 50S
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Exterior
Water Source Public
Lot Size Area 0.13
Spa N
Building Area Total 3960.0
Lot Dimensions 48.00 x 123.00
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type ClassA
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 3960.0
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Internal Only
Street Number 1 12121
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* Excluded Features
List By
Phillip VanBuren

Listing Agent

Home Negotiators Llc

Broker

(313) 622-1456

Phone

Affordability Calculator

$2,382
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,215
Monthly Property Taxes
$168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2024$355,000 Listed Price

Map


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12121 GRATIOT Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $355,000 with 3,960 sqft and a lot size of 0.13. 12121 GRATIOT Avenue was built in 1970. The property's zip code is 48205 which is in Detroit, MI