2220 Gratiot Avenue Detroit, MI $ 1,200,000
2220 Gratiot Avenue
$ 1,200,000
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2220 Gratiot Avenue

Detroit, MI, 48207
$ 1,200,000
Baths0.0 Sq 4,835

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Detroit, MI

for $1,200,000. This 4,835 square foot building was built in 1915 on a lot size of 0.09.

Fully renovated in 2023, 2220 Gratiot is a creatively designed, 4,835-square-foot example of historic preservation, impeccable craftsmanship, and great attention to detail. Three separate units boast soaring ceilings, (sealed) exposed brick walls, and finished concrete floors and new flooring, as well as all-new building mechanicals. The building is composed of retail space and a pristine workshop on the ground floor. The upper unit offers great views of Eastern Market and downtown and could be used as an event space, creative office, or residential condo unit with the ability to add a rooftop patio. Ten onsite and secure parking spaces are included in the sale, and additional Gratiot lots (2240, 2260, and 2270 Gratiot) could be purchased as a package. Building upgrades: Masonry Flooring Roof Drywall Flooring & tile Paint Brick coated and sealed Furnaces AC Units Electrical Plumbing Windows & Doors Security System Lighting Steel staircase Restrooms

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 327

Style

Lot Size

0.09

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240031821

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Exterior Features Fenced
Zoning Commercial
Year Built 1915
Property Type Commercial
Subdivision Name PLAT OF SUB OF W 1/2 OF P C 91(PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 18
MLS Area Det Woodward-Mcclellan/So Mack
Directions NE Corner of Gratiot and Hunt
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Gratiot
Assessment 100.00
Total Sq Ft 4835
DOM 18
Taxes 327.0000
Legal Description S GRATIOT 4&3 EXC GRATIOT AVE AS WD BLK 37 PLAT OF PT PC 91 L1 P283 PLATS W C R 9/43 67.19 IRREG
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Exterior
Waterfront 0
Lot Size Area 0.09
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 67.00 x 36.00
Roof Material Rubber
Architecture Level 2 Story
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Interior
Street Suffix Avenue
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$8,003
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$27
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$1,200,000 Listed Price

Map


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2220 Gratiot Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $1,200,000 with 4,835 sqft and a lot size of 0.09. 2220 Gratiot Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 48207 which is in Detroit, MI