12327 Gratiot Avenue

Detroit, MI
$ 72,000 Beds 0 Baths 0 Sq 2,645
Monthly Estimate* How much can I afford?

Unlimited potential with this boutique commercial property located in the quickly improving Gratiot corridor! Built in 1927, this property was most recently Good Vibrations Bar & Grill where patrons enjoyed food / drink & entertainment. With a B4 zoning (which this property has) the possibilities are HUGE for what can be done with this place. Full rehab will be needed but property had an operational commercial kitchen so a food business or other commercial / business will be well suited.

Commercial

  • Price
  • $ 72,000
  • Lot Size
  • 2,178 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,645
  • Full Bathrooms
  • 0
  • Year Built
  • 1927
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • Taxes
  • $ 1337
  • County
  • WAYNE
  • Style
  • vacant
  • Area
  • Det 8 To Gratiot-Houston To 7
  • MLS#
  • 2210036471
  • Zip
  • 48205
Listing Provided by: Kermath Realty LLC
Data Source: RealComp - 83 - MI

Features

General

Business Type Retail
Commercial Type Real Estate Only
Construction Materials Brick
Cumulative Days on Market 172
Current Use vacant
Gross Scheduled Income 0.00
Heating Forced Air
Listing Agent Public Id 700098
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W21I028941S
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name JOHN H TIGCHONS GRATIOT AVE (PLATS)
Terms Offered Cash, Conventional
Total Sq Ft 2645
Transaction Type Sale
Year Built 1927
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Basement
Foundation Materials Block
Frontage Feet 20
Lot Size Area 0.05
Lot Size Dimensions 20.00X100.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Allen Park, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/9/2021 Listed $77,000
8/27/2021 7% - $72,000

Property vs Zip Code Average in 48205

Price
AVG $210K
$70K
Taxes
AVG $3,056
$1,337
Visits
AVG 124
41
Year Built
AVG 1949
1927
Walkscore
AVG 60
53
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

12327 Gratiot Avenue Detroit, MI is a Single Family Home for sale at $72000 with 2645 sqft and a lot size of 2,178 SqFt Acre(s). 12327 Gratiot Avenue Detroit has 0 bedrooms, 0 baths and was built in 1927. 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 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.