12307 Gratiot Avenue Detroit, MI ^$ 139,900

12307 Gratiot Avenue

^$ 139,900

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12307 Gratiot Avenue

Detroit, MI, 48205

^$ 139,900

Bedrooms-- Baths-- Sq 1,200

Monthly Estimate*

^$ 873

12307 Gratiot Avenue, Detroit, MI 48205 - Image 1

Commercial Property for sale in Detroit, MI

for $139,900. This 1,200 square foot building was built in 1953 on a lot size of 0.05.

Commercial Bldg., last used as a Barber Shop. Currently vacant. Endless possibilities for use. Property can be purchased as a package deal with the adjacent building (12311 & 12315 Gratiot Ave.) Land Contract possible with 20% down.

Commercial Active

Price

^$ 139,900

Property Type

Commercial

Taxes

^$ 1,300

Style

Commercial/Industrial

Lot Size

0.05

Year Built

1953

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70447454

Features

General

Heating Forced Air

Roof Rubber

Status Active Active

Year Built 1953

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Other/See Remarks

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Take Gratiot Ave. North past Gunston Ave. building on left side of street.

City Detroit

Financial Terms Cash Conventional Land Contract

Legal Description N GRATIOT AVE. 2 JOHN H TIGCHONS GRATIOT AVE SUB L34 P51 PLATS W C R 21/450 20X100

DOM 330

Postal Code 48205

Price Per Sq Ft Total AG 116.58

Public Remarks Commercial Bldg.

Exterior

Exterior Block

Frontage 20

Lot Size Area 0.05

Lot Dimensions 20x100

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

David Bolling

Listing Agent

Wayne Bolling Realty

Broker

davidwbolling@aol.com

Affordability Calculator

$981

Per Month

Monthly Principal & Interest: $873
Monthly Property Taxes: $108
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$501,686

Percent of Sale Price 259%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/8/2025	$139,900		Listed Price

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12307 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $139,900 with 1,200 sqft and a lot size of 0.05. 12307 Gratiot Avenue was built in 1953. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12307 Gratiot Avenue

Commercial Property for sale in Detroit, MI

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