14501 Gratiot Avenue Detroit, MI ^$ 5,000

14501 Gratiot Avenue

^$ 5,000

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Recently Listed

14501 Gratiot Avenue

Detroit, MI, 48205

^$ 5,000

Bedrooms-- Baths-- Sq 3,808

Monthly Estimate*

^$ 35

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Commercial Property for sale in Detroit, MI

for $5,000. This 3,808 square foot building was built in 1957 on a lot size of 0.65.

NNN LEASE FOR 60 MTHS WITH FIRST OPTION 3808 SQ FT. PAST USE OF BUILDING BANKING. PLENTY OF POTENTIALS. BANK INTERIOR SECURITY GLASS AND DOORS IN PLACE, WALK IN SAFTY VAULT, LARGE BASEMENT FOR STORAGE, LARGE PARKING LOT APPROX. 50 SPACES. GREAT LOCATION IF IN NEED OF A SECURED BUILDING. MAKE APPT. TO VIEW TO SEE IF IT WILL WORK FOR YOUR BUSINESS TYPE. ART STUDIO, RETAIL CLOTHING STORE.

Commercial Active

Price

^$ 5,000

Property Type

Commercial

Taxes

^$ 0

Style

RealEstateOnly

Lot Size

0.65

Year Built

1957

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261088283

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Cooling CentralAir

Utilities AboveGroundUtilities

Possession AtClose

Roof Other

Garage Spaces 0.0

Construction Materials Other

Year Built 1957

Electric Volts220

Security Deposit 15000.0

Levels One

Property Subtype RealEstateOnly

Current Use Commercial Service Vacant

County Wayne

Operating Expense 0.0

New Construction N

Property Type CommercialLease

HOA N

Attached Garage N

Subdivision Name CAROL PARK SUB

Garage Y/N N

Status Active

Directions E 8 MILE TO GRATIOT SOUTH TO SUBJECT

City DetroitCity_Wayne

Senior Community Y/N N

High School District Detroit

Zoning Description Commercial Office

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 2026-11-04

Legal Description N GRATIOT 20 THRU 16 AND VAC ALLEY ADJ CAROL PARK SUB L43 P23 PLATS W C R 21/799 123.10 IRREG

Exterior

Parking Features ParkingLot

Water Source Public

Foundation Details Basement Block

Spa N

Building Area Total 3808.0

Lot Dimensions 123X230

Lot Size Acres 0.65

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 3808.0

Above Grade Finished Area Unit Type SquareFeet

Internal Only

Street Number 1 14501

* Excluded Features

List By

Alfonso Griffin

Listing Agent

20Th Century Real Estate

Broker

(313) 510-3864

Phone

Affordability Calculator

$35

Per Month

Monthly Principal & Interest: $35
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$454,676

Percent of Sale Price 8,994%

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
11/5/2026	$5,000		Listed Price

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14501 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $5,000 with 3,808 sqft and a lot size of 0.65. 14501 Gratiot Avenue was built in 1957. 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 7.375% 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.

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 11/10/2026.

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14501 Gratiot Avenue

Commercial Property for sale in Detroit, MI

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