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Price: $1,349,000 1428 Gratiot Ave, Detroit MI 48207 MLS® #: 218119051

  • 3,075 SqFt
  • $438.70 / SqFt
  • Year Built: 1932

Description of 1428 Gratiot Ave, Detroit

Gorgeous Art-Deco mixed-use building for sale on the edge of Eastern Market and Downtown Detroit. Sale includes two buildings; a single story and two-story that have been opened up on the first floor to create a fully operational restaurant and bar. Formerly Antietam restaurant, the space has a new operator tenant with a 3-year lease. The second floor is a 2-bedroom, 1-bath apartment with private entrances in the front and rear. This spaces is also currently leased. Total income over 8.5K/month. Pro forma attached to the listing docs. Call today to schedule a private tour.

About this Property

This $1,349,000 property has approximately 3,075 square feet and was built in 1932. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $92/SqFt. Houses with similar square footage range in price from $60,000 to $1,349,000 and have an average price per square foot of $231/SqFt. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48207 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$193,338.41 $138.95 $108.35 137.94% 66

Essential Information

Waterfront Features

  • UtilitiesProgrammable Thermostat, Smoke Alarm


  • ExteriorBrick

School Information

Community Information

Lot Information

Additional Information

  • ZoningCommercial, Residential
  • ZoningCommercial, Residential

Listing Office

Alexander Real Estate Detroit, LLC


05053-Det Woodward-Mcclellan/So Mack


  • HeatingForced Air
  • FoundationBasement

Square Footage

  • Above Ground Finished3,075
  • Total Finished3075

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