2220 Gratiot Ave
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2220 Gratiot Ave
4,835 SF Retail Building Detroit, MI 48207 £954,350 (£197/SF)
EXECUTIVE SUMMARY
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
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,835 SF
Building Class
B
Year Built/Renovated
1915/2023
Price
£954,350
Price Per SF
£197
Tenancy
Multiple
Number of Floors
2
Building FAR
0.12
Lot Size
0.90 AC
Zoning
B4 - The B2 Local Business and Residential District provides for the day-to-day consumer goods and services required to serve a small residential area.
Parking
10 Spaces (2.07 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £13,440 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£13,440
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2220 Gratiot Ave
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