12121 Gratiot Avenue Detroit, MI ^$ 275,000

12121 Gratiot Avenue

^$ 275,000

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12121 Gratiot Avenue

Detroit, MI, 48205

^$ 275,000

Studio Baths0.0 Sq 3,960

Monthly Estimate*

^$ 1,828

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Studio

Commercial Property for sale in Detroit, MI

for $275,000. This 3,960 square foot building was built in 1970 on a lot size of 0.13.

Great cash business if you are the owner and tenant.

Commercial Active

Price

^$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,965

Style

Entertainment Hall

Lot Size

0.13

Year Built

1970

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240024083

Features

General

Sewer Sewer at Street

Possession At Close

current use Entertainment Hall

Zoning Commercial

Year Built 1970

Property Type Commercial

Subdivision Name MORE THAN ONE SUBDIVISION INVOLVED

Transaction Type Sale

Status Active

Short Sale No

Construction Materials Block/Concrete/Masonry

Cumulative Days on Market 196

MLS Area Det 8 To Gratiot/Houston To 7

Directions Take 94 to Gratiot exit and head North.

City Detroit

Terms Offered Cash Contract

School District Detroit

Land Contract 1

Ownership Status Short Sale - No Private Owned

Street Name GRATIOT

Assessment 100.00

Total Sq Ft 3960

DOM 43

Taxes 1965.0000

Legal Description N GRATIOT ALL THAT PT OF 30 FLANDERS SUB L44 P45 PLATS W C R 21/665 ALSO ALL THAT PT OF 18 RICHARD CAMPAU SUB L51 P65 PLATS W C R 21/766 DESC AS FOLS BEG AT A PTE ON ELY LINE OF LOT 30 N 22D 2M 50S E

Exterior

Waterfront 0

Lot Size Area 0.13

Water Source Public (Municipal)

Lot Size Dimensions 48.00 x 123.00

Roof Material Rubber

Architecture Level 1 Story

Interior

Street Suffix Avenue

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Phillip VanBuren

Listing Agent

Home Negotiators Llc

Broker

(313) 622-1456

Phone

Affordability Calculator

$1,991

Per Month

Monthly Principal & Interest: $1,828
Monthly Property Taxes: $164
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$479,204

Percent of Sale Price 74%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$275,000		Listed Price

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12121 Gratiot Avenue, Detroit, MI, 48205 is a Commercial Property for sale at $275,000 with 3,960 sqft and a lot size of 0.13. 12121 Gratiot Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The information being provided is 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.

Data is updated as of 5/29/2024.

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12121 Gratiot Avenue

Commercial Property for sale in Detroit, MI

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