$950,000
For Sale

1428 Gratiot Ave.

Detroit, MI 48207
#G50080033
Browse 20 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

** FANTASTIC OPPORTUNITY TO INVEST IN DOWNTOWN DETROIT!! ** IMPECCABLY MAINTAINED AND UPDATED MIXED USE BUILDING LOCATED ONE BLOCK FROM EASTERN MARKET FEATURING A FULLY OPERATIONAL RESTAURANT ON THE FIRST FLOOR WITH BEAUTIFUL WET BAR, HIGH END INDUSTRIAL KITCHEN WITH WALK IN COOLER, AND UPDATED BATHROOMS. SECOND FLOOR FEATURES A 2 BEDROOM, 1 BATHROOM APRATMENT WITH A WALK UP TO A ROOFTOP DECK WITH GREAT VIEWS OF DOWNTOWN DETROIT. BUILDING UPDATES INCLUDED NEWER ROOF, NEWER PLUMBING, AND NEWER ELECTRICAL SERVICE. AMPLE STREET PARKING AND REAR LOT.

  • Property Details
      • SubdivisionFRASERS SUB
      • Property SubtypeCommercial
      • MLS #G50080033
      • MLS #G50080033
      • Property TypePurchase
      • Original List Price$950,000
      • Cost950000
      • CountyWayne
      • Year Built1932
      • Days on Market (Cumulative)389
      • Days On Market389
      • Buying Agency Compensation3%
      • Garage Spaces0

Location

Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Last Updated: . Source: AAABOR

Listing Courtesy (Buyer)
Buyer's Agent: John Title (#GP)

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Company

Services

Explore

Account

    © 2025 Workhorse Realty LLC. All rights reserved.
    Website built by CloseHack.

    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property 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.

    ​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property 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.