13537 GRATIOT Avenue Detroit, MI ^$ 50,000

13537 GRATIOT Avenue

^$ 50,000

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13537 GRATIOT Avenue

Detroit, MI, 48205

^$ 50,000

Bedrooms-- Baths-- Sq 3,850

Monthly Estimate*

^$ 312

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Commercial Property for sale in Detroit, MI

for $50,000. This 3,850 square foot building was built on a lot size of 0.09.

Attention investors! This commercial property from the Detroit Land Bank Authority is brimming with potential, offering a blank slate for your vision. Whether you're looking to restore its historic charm or transform it into a modern business space, this opportunity is ready for your expertise. With solid bones and a prime location, the possibilities are endless - revitalize, reimagine, and reap the rewards of this promising investment! Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests

Commercial Active

Price

^$ 50,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60379818

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision MICHAEL GREINER ESTATE (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Government Owned

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Gratiot south past 6 mile to property

City Detroit

Financial Terms Cash

Legal Description N GRATIOT 280&279 MICHAEL GREINER EST SUB L41 P67 PLATS W C R 21/611 40 X 100

DOM 257

Postal Code 48205

Price Per Sq Ft Total AG 12.99

Public Remarks Attention investors! This commercial property from the Detroit Land Bank Authority is brimming with potential

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.09

Lot Dimensions 40.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

erick@monzogroup.com

Affordability Calculator

$312

Per Month

Monthly Principal & Interest: $312
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$500,189

Percent of Sale Price 900%

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
3/28/2025	$50,000		Listed Price

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13537 GRATIOT Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $50,000 with 3,850 sqft and a lot size of 0.09. 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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13537 GRATIOT Avenue

Commercial Property for sale in Detroit, MI

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