12121 Gratiot Ave - Restaurant FOR SALE


Detroit, MI 48205- Conner
$355,000 USD
313-626-9651
12121 Gratiot Ave, Detroit, MI for Sale
$355,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

12121 Gratiot Ave
Detroit, MI 48205
Conner


HIGHLIGHTS

  • Ideal for various uses, including an entertainment hall or place of worship.
  • Recently replaced roof for added durability.
  • High-visibility spot in Detroit's Gratiot-Findlay neighborhood.

OVERVIEW

Currently this site is used as an entertainment hall, but could also serve as a place of worship, sound studio, day care, to name a few options. A new roof was installed earlier this year, making the building practically maintenance free. Both buildings are included.

FOR SALE DETAILS

PRICE

$355,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B4

APN/PARCEL ID

21-0289234

ASK ABOUT THIS PROPERTY

Phillip VanBurenMetro Property AssociatesMore Info
313-626-9651

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Phillip VanBurenMetro Property AssociatesMore Info
313-626-9651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.