6338 Gratiot Avenue Detroit, MI ^$ 24,900

6338 Gratiot Avenue

^$ 24,900

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6338 Gratiot Avenue

Detroit, MI, 48207

^$ 24,900

Studio Baths0.0

Monthly Estimate*

^$ 155

6338 Gratiot Avenue, Detroit, MI 48207 - Image 1

6338 Gratiot Avenue, Detroit, MI 48207 - Image 2

Studio

Lots and Land for sale in Detroit, MI

for $24,900. The lot size is 0.05.

Prime Commercial Lot on Gratiot Ave just minutes from downtown Detroit with incredible visibility and high traffic count (over 25,000 vehicles per day) - perfect for your next business venture or investment. This 0.05-acre gated parcel sits at the corner of Gratiot and Mt. Elliot, surrounded by ongoing redevelopment and easy access to major freeways. Zoned M3: General Industrial with public water and sewer available, the lot measures 40x51.32 and offers an affordable opportunity in a rapidly growing area. Whether you're looking to build now or hold as a long-term investment, this location in the growing Eastern Market corridor is packed with potential. Welcome Home!

Lots and Land Active

Price

^$ 24,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 593

Style

Vacant Land

Lot Size

0.05

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60931603

Features

General

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Subdivision Meldrum Farm Sub MI

Style Vacant Land

County Wayne

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Gratiot Ave. & Mt. Elliot St.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description S GRATIOT 18&19EXC GRATIOT AVE AS WD SUB OF PT MELDRUM FARM L8 P95 PLATS W C R 15/54 40 X 51.32A

DOM 105

Postal Code 48207

Price Per Sq Ft Total AG 498000

Public Remarks Prime Commercial Lot on Gratiot Ave just minutes from downtown Detroit with incredible visibility and high traffic count (over 25

Exterior

Lot Size Area 0.05

Lot Dimensions 40X51.32

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jim Shaffer

Listing Agent

Good Company

Broker

dontsendoffershere@gmail.com

Affordability Calculator

$205

Per Month

Monthly Principal & Interest: $155
Monthly Property Taxes: $49
Monthly Home Insurance: --

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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

Lots and land listings in Detroit, MI

Average List Price ^$72,377

Percent of Sale Price 191%

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.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2025	$24,900	-12.63%	Price Down
8/27/2025	$28,500		Listed Price

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6338 Gratiot Avenue, Detroit, MI, 48207 is a Lots and Land for sale at $24,900 with a lot size of 0.05. 6338 Gratiot Avenue is a studio with 0.0 baths. The property's zip code is 48207 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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6338 Gratiot Avenue

Lots and Land for sale in Detroit, MI

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