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1480 Gratiot Avenue Detroit, MI $ 425,000
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$ 425,000 Get more info
1480 Gratiot Avenue
$ 425,000
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1480 Gratiot Avenue

Detroit, MI, 48207
$ 425,000
Bedrooms-- Baths-- Sq 2,243

Monthly Estimate*

$ 2,651

1480 Gratiot Avenue, Detroit, MI 48207 - Image 1
1480 Gratiot Avenue, Detroit, MI 48207 - Image 2
1480 Gratiot Avenue, Detroit, MI 48207 - Image 3
1480 Gratiot Avenue, Detroit, MI 48207 - Image 4
1480 Gratiot Avenue, Detroit, MI 48207 - Image 5
1480 Gratiot Avenue, Detroit, MI 48207 - Image 6

Commercial Property for sale in Detroit, MI

for $425,000. This 2,243 square foot building was built in 1965 on a lot size of 0.06.

Located on an active stretch of Gratiot’s commercial corridor in Eastern Market, this light-filled 2,243-square-foot building is perfect for creative office or retail space. Built for a single-use tenant and well maintained, the historic building with its Art Deco facade presents an exceptional storefront opportunity in a highly visible location along one of Detroit’s major thoroughfares. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 12,781

Style

RealEstateOnly

Lot Size

0.06

Year Built

1965

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251037896
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1965
Property Subtype RealEstateOnly
Current Use Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name POSSELIUS ALPHONSE D RESUB
Garage Y/N N
Status Active
Directions Gratiot and Riopelle
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12781.0
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 Vacant
Tax Assessed Value 71976
Expected Active Date 2025-09-18
Legal Description S GRATIOT 5 EXC GRATIOT AVE AS WD ALPHONSE D POSSELIUS RE-SUB L28 P64 PLATS W C R 7/21 38.32 IRREG
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 2109.0
Lot Dimensions 11X40.82
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2243.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1480
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$3,717
Per Month
71%
29%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$1,065
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
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Pricing History
DatePricePrice ChangeDescription
9/18/2025$425,000 Listed Price

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1480 Gratiot Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $425,000 with 2,243 sqft and a lot size of 0.06. 1480 Gratiot Avenue was built in 1965. The property's zip code is 48207 which is in Detroit, MI

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