Price Reduction
Address
8239 Gratiot Ave S Detroit, MI
Price
$ 49,000
Property Attributes
  • MLS#40066189
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48213
  • StyleCommercial/Industrial
  • Year Built1933
  • Taxes277
  • Price$ 49,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2000
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
EXP Realty LLC
Property Description

Time to take advantage of the U.S. "Opportunity Zone" tax advantages. Excellent opportunity to buy and develop (with additional available lots N. to the corner) or buy to rehab and occupy. Immediately possibility to buildout out, as the building is cleared out and ready to start construction. Sound Walls and Foundation (Needs new roof). Located short distance from I-94 exit. Strategically located in a new redevelopment area of the city and also a "Opportunity Zone" for investment. Seller is motivated to see all offers. BATVAI.

Price History
6/13/2020 Listed $69,900
9/14/2020 30% - $49,000

General Features

Class COM/IND/BUS OPP
Commercial Features Railroad
Directions On NW Side of Gratiot Just South of I-94
Financial Terms Cash
Heating Other-See Remarks
Legal Description N GRATIOT E 10 FT 45 W 1/2 46 BLK 20 STEPHENS ELM PARK SUB L19 P12 PLATS, W C R 17/125 20 X 100
Listing Area Detroit (6-Mack/I75 to Conner)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Other-See Remarks
Source Mls MI Real Source
Status Active
Status Active
Subdivision STEPHENS ELM PK (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1933
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Exterior Brick, Concrete/Block
Foundation Type Slab
Frontage 20
Lot Dimensions 20.00X100.00
Lot Size Area 0.05
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48213

Price
AVG $170K
$50K
Taxes
AVG $1,832
$277
Visits
AVG 7
5
Year Built
AVG 1948
1933
Walkscore
AVG 49
70
Data Provided by Walkscore ® not using MLS data

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