12719 GRATIOT Avenue Detroit, MI $ 100
12719 GRATIOT Avenue
$ 100
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12719 GRATIOT Avenue

Detroit, MI, 48205
$ 100
Bedrooms-- Baths-- Sq 4,983

Monthly Estimate*

$ 1

12719 GRATIOT Avenue, Detroit, MI 48205 - Image 1
12719 GRATIOT Avenue, Detroit, MI 48205 - Image 2
12719 GRATIOT Avenue, Detroit, MI 48205 - Image 3
12719 GRATIOT Avenue, Detroit, MI 48205 - Image 4
12719 GRATIOT Avenue, Detroit, MI 48205 - Image 5
12719 GRATIOT Avenue, Detroit, MI 48205 - Image 6

Commercial Property for sale in Detroit, MI

for $100. This 4,983 square foot building was built in 1925 on a lot size of 0.11.

Historic Detroit Building – 4,983 Sq. Ft. – For Lease Built in 1925, this historic property originally opened as the Franklin Theater in 1926 before becoming the Guild Theater. In need of a full renovation, it offers an excellent opportunity for developers or investors to restore a significant piece of Detroit’s history. The property is offered with a two-year rent-free lease, during which the tenant agrees to complete all remodeling and renovations at their own expense. This property is also available for sale.

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Commercial Active

Price

$ 100

Property Type

Commercial

Taxes

$ 0

Style

RealEstateOnly

Lot Size

0.11

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261002779

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1925
Security Deposit 0.0
Levels One
Property Subtype RealEstateOnly
Current Use Automotive Commercial MixedUse
Business Type Commercial
County Wayne
New Construction N
Property Type CommercialLease
HOA N
Attached Garage N
Subdivision Name GRATIOT HIGHLANDS SUB (PLATS)
Garage Y/N N
Status Active
Directions Gratiot South-East of McNichols
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
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
Expected Active Date 2026-01-14
Legal Description N GRATIOT AVE 5 BLK C--GRATIOT HIGHLANDS SUB L29 P64 PLATS W C R 21/446 40 X 130
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 4983.0
Lot Dimensions 40.00 x 130.00
Lot Size Acres 0.11
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) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 4983.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 12719
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* Excluded Features
List By
Dairek Yaldoo

Listing Agent

Keller Williams Home

Broker

(248) 275-7291

Phone

Affordability Calculator

$1
Per Month
100%
0%
0%
Monthly Principal & Interest
$1
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/14/2026$100 Listed Price

Map


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12719 GRATIOT Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $100 with 4,983 sqft and a lot size of 0.11. 12719 GRATIOT Avenue was built in 1925. The property's zip code is 48205 which is in Detroit, MI