1447 Gratiot

Industrial for Sale
Catylist Listing ID: 30211879
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 7,791 SF
Gross Building Area: See Agent
Gross Land Area: 1.17 Acres
Sale Price: $699,000
Unit Price: $89.72 PSF
Ceiling: 16 ft.
Docks/Doors: 2 Doors
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/13/2018

Overview / Comments

Great frontage on Gratiot
Multiple overhead doors
Currently being used for auto repair
Seller will leaseback at 5 year term, $6,500/Month Gross or vacate depending on Buyer's preference.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 16-11-23-176-043
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1967
Parking Type: Surface
Overhead Cranes: Undisclosed
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,016 102,232 259,182
Median Age: 41.25 40.24 41.21
Households: 7,231 43,020 108,419
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