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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 2,750,000

Est. payment -/mo

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1440 Gratiot Avenue Detroit, MI 48207

27,657 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 27,657 sqft

Price per Sqft $99

Subdivision Frasers Sub Of Pt Of Guoin Farm

MLS Listing ID 20251037965

Year Built 1922

Annual Tax Amount $58,624

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 90X52

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

In a prime location with excellent visibility, this six-story, 27,657-square-foot warehouse on Gratiot Avenue is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this a perfect blank canvas for developers or users looking to be within walking distance of Eastern Market and Downtown Detroit. The 14,000-square-foot parking lot behind the building at 1460 Service Drive is included in the sale. 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.

Location

State MI

County Wayne

Area Det: 6-Mack I75-Conner

Zoning Commercial,Multi-Family,Office,Residential

Direction Gratiot and Russell

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W07I000778S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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