Income Making Sign & Building/ Land 15390 Gratiot Ave 4,400 SF 50% Leased Retail Building Detroit, MI 48205 $339,112 CAD ($77.07 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
Building Size
4,400 SF
Building Class
C
Year Built
1948
Price
$339,112 CAD
Price Per SF
$77.07 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’ on Gratiot Ave
AMENITIES
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
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 |
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-0284267 | Improvements Assessment | $0 CAD (2024) |
| Land Assessment | $0 CAD (2024) | Total Assessment | $66,992 CAD (2024) |
CONTACT
-
John Kurczak -
KW Commercial
