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15390 Gratiot Ave
Detroit, MI 48205
Income Making Sign & Building/ Land · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 8 Mile Gratiot corner Across from National Chains
  • High Volume traffic
  • Billboard and billboard income included
  • Sign Lease on Roof Pays Tax and Insurance for building yearly
  • 2,200 Sq Foot Deep basement
  • 4,400 SF freestanding retail building

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
$370,628 CAD
Price Per SF
$84.23 CAD
Tenancy
Multiple
Building Height
1 Story
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-0284267
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$75,159 CAD
  • Listing ID: 36124237

  • Date on Market: 2021-04-27

  • Last Updated:

  • Address: 15390 Gratiot Ave, Detroit, MI 48205

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