$600,000

1494 Gratiot Avenue, Detroit, MI 48207

2,930 sqft

other
Built in 1918
1,307sqft lot
—— car garage
$205/sqft
Listed 1 month ago

Property Description

Located on a prime, highly visible corner of Gratiot’s commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building’s MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

Listing Status:: Active
Listing Office:: O'Connor Realty Detroit, LLC : 3139639891
Listing Agent:: Vincent Mazzola : 3139639891
MLS ID:: 20251037963

General: BrickBasementBlock

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: S GRATIOT 216 EXC GRATIOT AVE AS WD SUB OF RIOPELLE FARM L35 P483 DEEDSW C R 7/17 38.07 IRREGW07I000771S
Current Use: Mixed use

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Vincent Mazzola, O'Connor Realty Detroit, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Chrysler Elementary School

1445 E Lafayette St, Detroit, MI, 48207

Grades KG-5

0.47 miles away

Bunche Preparatory Academy

2715 Macomb St, Detroit, MI, 48207

Grades PK-8

0.69 miles away

Benjamin Carson High School of Science and Medicine

571 Mack Ave, Detroit, MI, 48201

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.