1440 Gratiot Ave - Warehouse FOR SALE


Detroit, MI 48207- Lafayette Park
$2,750,000 USD
248-227-0182
1440 Gratiot Ave, Detroit, MI for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

NEW


1440 Gratiot Ave
Detroit, MI 48207
Lafayette Park


OVERVIEW

In a prime location with excellent visibility, this six-story, 27,657-square-foot building 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.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1922

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11

LAND SF

4,661

ZONING

B4

APN/PARCEL ID

07-000778

ASK ABOUT THIS PROPERTY

Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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Sloane WalshO'Connor Real EstateMore Info
248-227-0182

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