$600,000
( $204.78Per Sq Foot )
 $3,221 est/mo Sourced by Back At You

1494 Gratiot Avenue,Detroit, MI 48207

Detroit, MI 48207

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Description

Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. 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. Proof of funds required for all tours.

Details

MLS #20251037963
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1918
Days On Site393
Listing Provided ByO'Connor Realty Detroit, LLC | Vincent Mazzola

Features

SQ Feet2,930
ZoningCommercial,Multi-Family
Acreage0.03
Water FrontYes

Interior

Cooling Yes / NoNo
Heating Yes / NoNo

Exterior

Construction MaterialsBrick
Foundation DetailsBasement, Block

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount5532

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48207
AreaDet
Community NameRIOPELLE FARM S OF GRATIOT
School DistrictDetroit
High SchoolDetroit
Sourced by Back At You

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48207
AreaDet
Community NameRIOPELLE FARM S OF GRATIOT
School DistrictDetroit
High SchoolDetroit
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $450K - $750K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1494 Gratiot Avenue Property Photo 1
$600,000
1494 Gratiot Avenue
Detroit, MI 48207
Listing Updated: September 28, 2026 at 6:37:22 PM PDT