$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
5,476 SqFt
SOLD DATE : 02/12/2025
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 5,476 sqft
Price per Sqft $114
Subdivision Frasers Sub Of Pt Of Guoin Farm
MLS Listing ID 20250005233
Sold Date 02/12/25
Originating Board Realcomp II Ltd
Year Built 1932
Annual Tax Amount $2,104
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 44 x 52
Property Sub-Type Real Estate Only
Property Description
HIGHEST AND BEST OFFERS DUE BY 2/4/25 AT 5PM. Here is a superbly located historic 4 unit commercial building in the Eastern Market on Gratiot. This gem features Four units that have last been used as apartments. This is a great value add opportunity to add to your existing portfolio. The Two units on the Second floor a loft style with exposed brick, hardwood floors and great lighting. The Two units on the First floor were historically storefronts with the original tin ceilings that were converted to apartments with full basements. You could add your business to the First floor or keep them as apartments. This property has been kept in great condition and is ready for a new buyer to come in and get a great return on their investment. Property sold AS IS BATVAI
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Commercial,Multi-Family,Multiple,Office
Direction Gratiot and Service St.
Interior
Heating Forced Air
Exterior
Road Frontage Paved
Building
Sewer Sewer at Street
Water Water at Street
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 07000779.
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Warranty Deed
Rebuilt Year 1932
Listing Terms Cash, Warranty Deed
Financing Cash,Warranty Deed
Special Listing Condition Limited Service
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Bought with Clyde Realty LLC
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