12327 GRATIOT AVE Detroit, MI 48205

$149,995
12327 GRATIOT AVE, Detroit, MI 48205
218067181

Commercial Property for sale in Detroit, MI

for $149,995. This 2,645 square foot building was built in 1927 on a lot size of 0.05 Acre(s).

Property Information

  • $149,995
  • Commercial
  • 2,645 Square Feet
  • Taxes are $1,337
  • Other / Unknown
  • Active
  • Lot size of 0.05 Acre(s)
  • Built in 1927
  • Detroit, MI
  • Conner Neighborhood
  • Wayne County
  • MLS/Web ID is 218067181

Description

Unlimited potential with this boutique commercial property located in the quickly improving Gratiot corridor! Built in 1927, this property was most recently Good Vibrations Bar & Grill where patrons enjoyed food / drink & entertainment. With a B4 zoning (which this property has) the possibilities are HUGE for what can be done with this place. Full rehab will be needed but property had an operational commercial kitchen so a food business or other commercial / business will be well suited. Current Use: vacant, Business Type: Retail, Lot Dimensions: 20.00X100.00

Interior 3

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Water Source

  • Municipal

Exterior 4

Construction

  • Brick

Foundation

  • Basement
  • Block

Road Frontage

  • Paved

Zoning

  • Commercial

Miscellaneous 1

Acceptable Finance

  • Cash
  • Conventional
  • Land Contract

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Neighborhood & Schools

School District: Detroit

 See complete school information

Listed By

Listing Agent: Jeff Kermath
Broker: KERMATH REALTY LLC

12327 GRATIOT AVE , Detroit, MI, 48205 is a Commercial Property for sale at $149,995 with 2,645 sqft and a lot size of 0.05 Acre(s). 12327 GRATIOT AVE has 0.0 baths and was built in 1927. The property's zip code is 48205 which is in Detroit, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Detroit $408,117 172 % above $275,000 83 % above
Commerical listings in Detroit $539,611 260 % above $300,000 100 % above

Get the facts about Detroit, MI!

Population 637,006
Population Growth (since 2000) -33 %
Median Income $27,031
Median Age 35.76
Households w/ Children 28 %

Residential Dwellings

  • Owned 123756
  • Vacant 69865
  • Rented 117652

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