11180 Gratiot AveDetroit, MI 48213

Property Details for 11180 Gratiot Ave

Year built

1948

Lot size

1.04 AC

Property size (Sq ft)

18,140 SF

Zone code

B4

Property type

Medical offices

Property subtype

Medical space

APN

21028813-6

APU

210288136

Description

This exceptional medical office building, located at 11180 Gratiot Avenue in Detroit, Michigan, offers a unique opportunity for healthcare professionals seeking flexible and modern space. The property boasts a total of 18,700 square feet, situated on a generous 1.32-acre lot in Wayne County. Multiple tenancy options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, 6,000 square feet of space is immediately available for lease. The building is ideally suited for a variety of medical practices, offering the potential for expansion or consolidation. Its convenient location on Gratiot Avenue provides excellent visibility and accessibility for patients and staff. The property's zoning and existing infrastructure make it an attractive option for both established practices and new ventures. This is a rare opportunity to secure high-quality medical office space in a thriving Detroit location. The address is 11180 Gratiot Ave, Detroit, MI 48213. Interested parties should inquire about available space and lease terms. The property is zoned for medical office use.

• CAP approach

  CAP return

  Valuation

  6%

  $3,772,855

  6.5%

  $3,482,636

  7%

  $3,233,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,696,816

  Geo Method

  $1,696,816

• Alternative Use

  Use

  Valuation

  Residential

  $4,318,468

  Hospitality

  $3,955,694

  Educational

  $3,291,090

  Medical

  $3,404,276

  Retail

  $5,119,474

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4083

Longitude

-82.9948

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].