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14987 Gratiot Avenue Detroit, MI $ 625,000
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14987 Gratiot Avenue
$ 625,000
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14987 Gratiot Avenue

Detroit, MI, 48205
$ 625,000
Bedrooms-- Baths-- Sq 1,472

Monthly Estimate*

$ 3,848

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Commercial Property for sale in Detroit, MI

for $625,000. This 1,472 square foot building was built in 1947 on a lot size of 0.37.

Profitable restaurant with drive through and building in a great location! Features: walk-in cooler, ice machine, printer in the office, new A/C unit, new paint, 75 seats in dining room, and 2 bathrooms! Equipment list is available in the MLS. Open to land contract with a minimum of $150,000 down. Interest rate and term negotiable. Schedule your showing today! You won't want to miss this opportunity!

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Commercial Active

Price

$ 625,000

Property Type

Commercial

Taxes

$ 7,618

Style

BusinessandRealEstate

Lot Size

0.37

Year Built

1947

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

58050198725
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities NaturalGasConnected
Year Built 1947
Property Subtype BusinessandRealEstate
Business Type Restaurant
County Wayne
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Subdivision Name MOHICAN HEIGHTS
Garage Y/N N
Building Features PublicRestRooms
Status Active
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7618.0
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 119400
Legal Description N GRATIOT 34 THRU 40MOHICAN HEIGHTS SUB L58 P51 PLATS W C R 21/914 167.66 X 113.29
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Exterior
Parking Features Other
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 1472.0
Lot Dimensions 16 117
Lot Size Acres 0.37
Waterfront Y/N N
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 Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 14987
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* Excluded Features
List By
Eric Broesamle

Listing Agent

Next Level Realty Llc

Broker

(586) 864-4087

Phone

Affordability Calculator

$4,483
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$635
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/3/2026$625,000 Listed Price

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14987 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $625,000 with 1,472 sqft and a lot size of 0.37. 14987 Gratiot Avenue was built in 1947. The property's zip code is 48205 which is in Detroit, MI

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