Address
12327 Gratiot Ave Detroit, MI
Price
$ 72,000
Property Attributes
  • MLS#40184450
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48205
  • StyleCommercial/Industrial
  • Year Built1927
  • Taxes$ 1337
  • Price$ 72,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2645
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Kermath Realty LLC
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Unlimited potential with this boutique commercial property located in the quickly improving Gratiot corridor! Built in 1927, this property was most recently Good Vibrations Bar & Grill where patrons enjoyed food / drink & entertainment. With a B4 zoning (which this property has) the possibilities are HUGE for what can be done with this place. Full rehab will be needed but property had an operational commercial kitchen so a food business or other commercial / business will be well suited.

Price History
6/11/2021 Listed $77,000
8/30/2021 7% - $72,000

General Features

Class COM/IND/BUS OPP
Directions N of Findlay, E of Loretto
Financial Terms Cash, Conventional
Heating Forced Air
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subdivision JOHN H TIGCHONS GRATIOT AVE (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1927
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick
Foundation Type Basement
Frontage 20
Lot Dimensions 20.00X100.00
Lot Size Area 0.05
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48205

Price
AVG $200K
$70K
Taxes
AVG $1,892
$1,337
Visits
AVG 37
1
Year Built
AVG 1948
1927
Walkscore
AVG 59
53
Data Provided by Walkscore ® not using MLS data