1432 Gratiot Ave, Detroit, MI 48207

$625,000
6
BA
7,218
SqFt

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Sold Price
$625,000
List Price
$650,000
Closing Date
Feb 12, 2025
MLS#
20250005289
Status
CLOSED
Bathrooms
6
Half-baths
2
Subdivision
FRASERS SUB OF PT OF GUOIN FARM

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. Income is projected. Property sold AS IS BATVAI

Additional Information

Year Built
1932
Basement Type
Finished
Acres
0.05
Style
Art Deco, Historic Antique
Acres
0.05
School District
Detroit
Heating
Forced Air, Natural Gas, Radiant

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Courtesy of Clyde Realty LLC 3139741830

Selling Office: Clyde Realty LLC.

IDX provided courtesy of Realcomp II Ltd., via Prime Realty I and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.