15391 GRATIOT Avenue Detroit, MI ^$ 265,000

15391 GRATIOT Avenue

^$ 265,000

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15391 GRATIOT Avenue

Detroit, MI, 48205

^$ 265,000

Bedrooms-- Baths-- Sq 4,400

Monthly Estimate*

^$ 1,632

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Commercial Property for sale in Detroit, MI

for $265,000. This 4,400 square foot building was built in 1948 on a lot size of 0.08.

Absolutely wonderful Location and building In a high demand area, with plenty of national chains across the street, Nicely maintain brick building W/ 2200 ft.² up 2200 ft.² down and a lease with Sign company paying $6000 per year, for a Sign on Roof,(pays for the taxes on the building) Business and all inventory At Business and Building , Including $200,000 in inventory, or Buy building $299,900 MLS # 2210029397

Commercial Active

Price

^$ 265,000

Property Type

Commercial

Taxes

^$ 2,913

Style

BusinessandRealEstate

Lot Size

0.08

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

2210029406

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Cooling CentralAir

Possession AtClose

Construction Materials Brick

Exclusions Exclusion(s) Do Not Exist

Year Built 1948

Electric Volts220

Levels One

Property Subtype BusinessandRealEstate

Current Use MixedUse

Business Type Retail

Community Features Sidewalks

Accessibility AccessibleCommonArea AccessibleDoors

County Wayne

Net Operating Income 95000.0

Operating Expense 5000.0

New Construction N

Property Type BusinessOpportunity

HOA N

Attached Garage N

Subdivision Name DRENNAN & SELDONS REGENT PARK NO 1 (PLATS)

Garage Y/N N

Building Features AwningOverhangs Sidewalks

Total Rooms 0

Status Active

Directions South of 8 mile

City DetroitCity_Wayne

Disclosures ConformstoZoning NoEncroachment ExclusionsDoNotExist

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 2913.0

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 27825

Legal Description S GRATIOT S 15 FT 470 471 DRENNAN & SELDONS REGENT PK SUB NO 1 L55 P88 PLATS W C R 21/905 35 X 113.24

Exterior

Water Source Public

Lot Size Area 0.08

Foundation Details Basement Block Poured

Spa N

Building Area Total 2200.0

Lot Dimensions 35.00X113.00

Lot Size Acres 0.08

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 4400.0

Above Grade Finished Area Unit Type SquareFeet

Internal Only

Street Number 1 15391

* Excluded Features

List By

John Kurczak

Listing Agent

Keller Williams Paint Creek

Broker

(586) 949-9000

Phone

Affordability Calculator

$1,874

Per Month

Monthly Principal & Interest: $1,632
Monthly Property Taxes: $243
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$442,229

Percent of Sale Price 67%

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.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/9/2025	$265,000	-11.64%	Price Down
10/27/2023	$299,900	-9.09%	Price Down
8/12/2023	$329,900	-5.72%	Price Down
3/20/2023	$349,900	-6.07%	Price Down
3/3/2023	$372,500	-6.85%	Price Down
5/17/2022	$399,900	-20.00%	Price Down
4/27/2021	$499,900		Listed Price

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15391 GRATIOT Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $265,000 with 4,400 sqft and a lot size of 0.08. 15391 GRATIOT Avenue was built in 1948. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/25/2026.

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15391 GRATIOT Avenue

Commercial Property for sale in Detroit, MI

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