For Sale
$1,000,000

11180 Gratiot Ave Detroit, MI 48213

18,700 SF Medical Office, Detroit, MI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 18,700 square foot medical office building, located at 11180 Gratiot Avenue in Detroit, Michigan, presents a compelling investment opportunity. Priced at $1,000,000 ($53.48 per square foot), this multi-tenant property sits on a 1.32-acre lot and offers significant value-add potential. The building boasts excellent visibility and ample parking, enhanced by its prominent location directly across from the Detroit Police 9th Precinct. The property features approximately 1000 feet of frontage on Gratiot Avenue, a high-traffic thoroughfare. Currently configured as a medical office space, the building includes vacant suites ready for immediate occupancy or redevelopment. This presents a unique opportunity for investors seeking to capitalize on the existing medical infrastructure or repurpose the space for alternative office or retail uses. The gross lease structure simplifies management, and the substantial square footage provides flexibility for a variety of tenants or a single large user. The property's location in Wayne County, zip code 48213, offers convenient access to major transportation routes and a strong local market. This is an ideal opportunity for investors seeking a well-positioned, multi-tenant property with significant upside potential.

Highlights

  • 1,000 feet of Gratiot Avenue frontage.
  • Value-add opportunity with vacant medical suites, or potential for office/retail redevelopment.
  • Located directly across from the Detroit Police 9th Precinct.
  • High visibility and ample parking.

Property Details for 11180 Gratiot Ave

Property type
Office properties, Medical offices
Square Feet
18,700 SF
Lot Size (sq. ft)
57,499 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4083832
Longitude
-82.9947596

FAQs

What type of property is this?
Office property - 18,700 SF Medical Office, Detroit, MI
Where is the office property located?
The property is located at 11180 Gratiot Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1,000 feet of Gratiot Avenue frontage.; Value-add opportunity with vacant medical suites, or potential for office/retail redevelopment.; Located directly across from the Detroit Police 9th Precinct.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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11180 Gratiot Ave
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