12311 Gratiot Avenue Detroit, MI ^$ 279,900

12311 Gratiot Avenue

^$ 279,900

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12311 Gratiot Avenue

Detroit, MI, 48205

^$ 279,900

Bedrooms-- Baths-- Sq 3,920

Monthly Estimate*

^$ 1,746

12311 Gratiot Avenue, Detroit, MI 48205 - Image 1

Commercial Property for sale in Detroit, MI

for $279,900. This 3,920 square foot building was built in 1926 on a lot size of 0.09.

Fantastic opportunity to own two commercial store fronts on major thoroughfare in city. 12311 Gratiot Ave previously used as a Car Wash. 12315 Gratiot Ave. previously used as a restaurant. All equipment included in sale.

Commercial Active

Price

^$ 279,900

Property Type

Commercial

Taxes

^$ 1,500

Style

Commercial/Industrial

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70447456

Features

General

Heating Forced Air

Roof Rubber

Status Active Active

Year Built 1926

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Other/See Remarks

Municipality Detroit

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Take Gratiot Ave. north past Gunston. Buildings on left side of street.

City Detroit

Financial Terms Cash Conventional Land Contract

Legal Description N GRATIOT AVE 3 & 4 JOHN H TIGCHONS GRATIOT AVE SUB L34 P51 PLATS W C R 21/450 40X100

DOM 330

Postal Code 48205

Price Per Sq Ft Total AG 71.4

Public Remarks Fantastic opportunity to own two commercial store fronts on major thoroughfare in city. 12311 Gratiot Ave previously used as a Car Wash. 12315 Gratiot Ave. previously used as a restaurant. All equipme

Exterior

Exterior Block

Frontage 40

Lot Size Area 0.09

Lot Dimensions 40x100

Roads Paved Street

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

$1,871

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $125
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 ^$496,505

Percent of Sale Price 77%

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	$279,900		Listed Price

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12311 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $279,900 with 3,920 sqft and a lot size of 0.09. 12311 Gratiot Avenue was built in 1926. 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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12311 Gratiot Avenue

Commercial Property for sale in Detroit, MI

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