This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Income Making Sign & Building/ Land 15390 Gratiot Ave

4,400 SF 50% Leased Retail Building Detroit, MI 48205 $354,226 CAD ($81 CAD/SF)

Investment Highlights

  • 8 Mile Gratiot corner Across from National Chains
  • 8 Mile & Gratiot has High Volume traffic
  • Sign Lease on Roof Pays Tax and Insurance for building yearly
  • 2,200 Sq Foot Deep basement

Executive Summary

Absolutely wonderful Location and building In a high-demand area, with plenty of national chains across the street, Nicely maintained brick building W/ 2200 ft.² up 2200 ft.² down and a lease with Sign company paying $7000 per year, for a Sign Roof,(pays for the taxes on the building)

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,400 SF
Building Class
C
Year Built
1948
Price
$354,226 CAD
Price Per SF
$81 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.09 AC
Zoning
Commercial/Industrial Bui - Retail
Parking
6 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
34 ft on Gratiot Ave

Amenities

  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,200 SF
  • Retail
  • -
  • Now

Street parking for customers and fenced in employee parking.

Space Size Space Use Position Available
1st Floor 2,200 SF Retail - Now

1st Floor

Size
2,200 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,200 SF
Space Use Retail
Position -
Available Now

Street parking for customers and fenced in employee parking.

Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

ALDI
Checkers
Rent-A-Center
Fifth Third Bank
Comerica
PNC Bank
Citizens Bank
Krispy Krunchy Chicken
Original Buscemi's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-0284267
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,442 CAD
  • Listing ID: 22844508

  • Date on Market: 2021-04-27

  • Last Updated:

  • Address: 15390 Gratiot Ave, Detroit, MI 48205

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}