1480 Gratiot Avenue Detroit, MI ^$ 425,000

1480 Gratiot Avenue

^$ 425,000

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1480 Gratiot Avenue

Detroit, MI, 48207

^$ 425,000

Bedrooms-- Baths-- Sq 2,109

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 2,109 square foot building was built 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.

Commercial Active

Price

^$ 425,000

Property Type

Commercial

Taxes

^$ 12,781

Style

Commercial/Industrial

Lot Size

0.06

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60937838

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Posselius Alphonse D Resub MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Gratiot and Riopelle

City Detroit

Financial Terms Cash Conventional

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

DOM 83

Postal Code 48207

Price Per Sq Ft Total AG 201.52

Public Remarks Located on an active stretch of Gratiot's commercial corridor in Eastern Market this light-filled 2

Exterior

Exterior Brick

Frontage 73

Lot Size Area 0.06

Lot Dimensions 11X40.82

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

vincent@oconnordetroit.com

Affordability Calculator

$3,717

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $1,065
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 ^$501,124

Percent of Sale Price 18%

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
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 2,109 sqft and a lot size of 0.06. 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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1480 Gratiot Avenue

Commercial Property for sale in Detroit, MI

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