1494 Gratiot Avenue Detroit, MI $ 600,000
1494 Gratiot Avenue
$ 600,000
Share Save

1494 Gratiot Avenue

Detroit, MI, 48207
$ 600,000
Bedrooms-- Baths-- Sq 2,930

Monthly Estimate*

$ 3,743

1494 Gratiot Avenue, Detroit, MI 48207 - Image 1
1494 Gratiot Avenue, Detroit, MI 48207 - Image 2
1494 Gratiot Avenue, Detroit, MI 48207 - Image 3
1494 Gratiot Avenue, Detroit, MI 48207 - Image 4
1494 Gratiot Avenue, Detroit, MI 48207 - Image 5
1494 Gratiot Avenue, Detroit, MI 48207 - Image 6
1494 Gratiot Avenue, Detroit, MI 48207 - Image 7
1494 Gratiot Avenue, Detroit, MI 48207 - Image 8
1494 Gratiot Avenue, Detroit, MI 48207 - Image 9

Commercial Property for sale in Detroit, MI

for $600,000. This 2,930 square foot building was built on a lot size of 0.03.

Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. 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.

See more

Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 5,532

Style

Commercial/Industrial

Lot Size

0.03

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60937898

Features
General
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Year Built 19
Subdivision Riopelle Farm S Of Gratiot MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Multi-Family 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 216 EXC GRATIOT AVE AS WD SUB OF RIOPELLE FARM L35 P483 DEEDS W C R 7/17 38.07 IRREG
DOM 76
Postal Code 48207
Price Per Sq Ft Total AG 204.78
Public Remarks Located on a prime highly visible corner of Gratiot's commercial corridor this two-story 2
See more
Exterior
Exterior Brick
Frontage 39
Lot Size Area 0.03
Lot Dimensions 39x39
Roads Paved Street
Waterfront Y/N No
See more
* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

vincent@oconnordetroit.com

Email

Affordability Calculator

$4,204
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$461
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$600,000 Listed Price

Map


See all

1494 Gratiot Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $600,000 with 2,930 sqft and a lot size of 0.03. The property's zip code is 48207 which is in Detroit, MI