14365 GRATIOT Avenue new

Detroit,MI 48205 2303

$ 850000

- Bed

- Bath

10434 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,434 sqft

Price per Sqft $81

Subdivision Mi

MLS Listing ID 60356241

Annual Tax Amount $7,393

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 72x265

Property Description

Unlock the potential of this remarkable commercial property, combining two buildings at 14363 and 14365 Gratiot for a total of 10,297 square feet of versatile retail space. Nestled in the heart of the historic Seven Mile and Gratiot Business District, this property is positioned at the epicenter of the city’s G7 revitalization initiative, offering a rare opportunity to establish or expand your business in a thriving, high-visibility area. The buildings feature charming old-style architecture with authentic historical elements that add unique character, offering the perfect blend of heritage and opportunity for a creative redevelopment. The property’s historical charm is complemented by its robust structural integrity, with salvageable architectural features that could serve as a distinctive design foundation for your business. Whether you envision a boutique retail space, a showroom, or a creative workspace, the property’s ample square footage and flexible layout provide endless possibilities. With its prime location in a bustling district known for high foot traffic and excellent road connectivity, this property ensures maximum exposure to a vibrant and engaged community. As a former two-parcel property, the land has been consolidated to reduce costs, but it retains the potential for division if desired. This flexibility allows for a tailored approach to your business or investment strategy. Whether you’re seeking to launch a flagship location, expand an existing enterprise, or invest in a key piece of Detroit’s dynamic redevelopment story, 14363 and 14365 Gratiot present an unmatched opportunity to combine historic charm with modern business potential.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial

Exterior

Waterfront No

Building

Foundation Basement

Water Public Water

Structure Type Brick,Wood

Others

Ownership Private

Assessment Amount $100

Financing Cash,Conventional

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