For Sale
$249,000

14760 Gratiot AveDetroit, MI 48205

Established Auto Dealership, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 846 sq ft auto shop, located at 14760 Gratiot Ave, Detroit, MI 48205, presents a unique investment opportunity. Built in 1932, this single-story building sits on a sizable 7,841 sq ft lot, zoned for car lots. The property features two service bays and boasts significant street frontage, ensuring high visibility and accessibility. Currently tenant-occupied, this turnkey operation offers immediate income potential with significant upside. The asking price is $249,000, translating to $294.33 per square foot. The property's location just south of 8 Mile Road in Wayne County provides excellent access to major thoroughfares and a substantial customer base. All measurements are approximate; potential buyers are advised to verify. Please note that the property is currently tenant-occupied, and prospective buyers should refrain from disturbing the tenants. The property's APN is W21I028512S. This is a rare opportunity to acquire a well-established business in a high-traffic area.

Highlights

  • $249,000 asking price for this Detroit, MI auto shop.
  • 846 square foot building on a 7,841 square foot lot.
  • Located at 14760 Gratiot Ave, Detroit, MI 48205.
  • Features two auto service bays.
  • Currently tenant-occupied; buyer's agent to verify all details.

Property Details for 14760 Gratiot Ave

Property type
Specialty properties, Retail properties
Square Feet
846 SF
Year Built
1932
Buildings
1
Stories
1
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4409464
Longitude
-82.9733717
14760 Gratiot Ave, Detroit, Michigan

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14760 Gratiot Ave
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