15390 Gratiot Ave - Storefront FOR SALE


Detroit, MI 48205- Burbank
$269,000 USD
248-631-8085
15390 Gratiot Ave, Detroit, MI for Sale
$269,000 USD
Storefront - FOR SALE
1/42
null | Request Cap Rate

15390 Gratiot Ave
Detroit, MI 48205
Burbank


HIGHLIGHTS

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

OVERVIEW

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)

FOR SALE DETAILS

PRICE

$269,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Income Making Sign & Building/ Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial/Industrial Bui

APN/PARCEL ID

21-0284267

ASK ABOUT THIS PROPERTY

Andrew BattersbyThomas Duke CompanyMore Info
248-631-8085

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Andrew BattersbyThomas Duke CompanyMore Info
248-631-8085

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