1486 Gratiot AVE, Detroit, MI 48207
$1,200,000
Est.Price: ?

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9,428 SqFt

1486 Gratiot AVE Detroit, MI 48207

Est. payment /mo
SOLD DATE : 07/03/2026

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Sold

Purchase Type For Sale

Square Footage 9,428 sqft

Price per Sqft $100

Subdivision Riopelle Farm S Of Gratiot

MLS Listing ID 20251037934

Sold Date 07/03/26

Year Built 1950

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type RealEstateOnly

Property Description

This two-story, 9,428-square-foot mixed-use building near Eastern Market is fully occupied by Flowers for Dreams (5,395 SF) and Handcar (4,033 SF). Featuring a distinctive façade and interior courtyard, the property has benefited from significant ownership investment in MEP systems and exterior improvements. Within walking distance of Eastern Market and Downtown Detroit, it offers investors a stable, cash-flowing asset. 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.

Location

State MI

County Wayne

Area Area05052Det6Macki75Conner

Interior

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC
Bought with O'Connor Realty Detroit, LLC

NEARBY SCHOOLS & BUSINESSES

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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