Detroit, MI 48205,15400 Gratiot Avenue
$159,900
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,213 SqFt

15400 Gratiot Avenue Detroit, MI 48205

Est. payment /mo
SOLD DATE : 10/17/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 2,213 sqft

Price per Sqft $61

Subdivision Drennan & Seldons Regent Park 1

MLS Listing ID 20251016594

Sold Date 10/17/25

Year Built 1957

Annual Tax Amount $5,899

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 46.74X113.24

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

Here's your opportunity to own a two-unit commercial property (15398–15400 Gratiot) located on a high-traffic corner of Gratiot Avenue, offering premium exposure, visibility, and versatility. Both units are currently vacant and ready for immediate occupancy, making this an ideal investment or owner-user opportunity.

15400 Gratiot offers a well-laid-out floor plan, featuring a welcoming reception area, five pre-built private suites/offices, and open common areas—perfect for a wide range of retail, medical, or professional service businesses. Whether you're opening a boutique, barbershop, beauty spa, insurance office, or general practice, the layout supports move-in readiness with minimal modifications required.

15398 Gratiot was previously leased at $1,800/month and operated as a successful daycare. It offers a flexible open layout with a large open area, a kitchen in the rear, and space adaptable for creative or educational businesses such as fitness studios, training centers, or childcare.

The property sits on a solid block foundation with perimeter fencing, on-site private parking, alley access, and gated side entry—enhancing both security and convenience. Situated near major intersections, public transit routes, and high-density neighborhoods, the property benefits from constant drive-by and foot traffic.

Land contract terms available, offering flexible financing options. Combine the two units for larger operations or lease individually to maximize rental income potential. This is a value-packed asset with tons of upside for investors, business owners, or entrepreneurs looking to expand into a prime Detroit corridor.

Buyer to verify all information. BATVAI.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Zoning Commercial,Multiple,Office

Direction North side of Gratiot Ave, just west of Seymour St — prime corner lot with high visibility and traffic.

Interior

Heating Forced Air

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Brick,Concrete

Schools

School District Detroit

Others

Tax ID 210284245

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Full Service

Read Less


Realcomp MLS
Listed by Ahmad Salame of Century 21 Curran & Oberski
Bought with Coldwell Banker Realty

GET MORE INFORMATION

Jeff Lauster

Jeff Lauster

Agent | License ID: 6501439321

+1(810) 429-2923

Name
Phone*
Message