1486 Gratiot Avenue Detroit MI 48207 MLS #20251037934

1486 Gratiot Avenue
Detroit, MI, 48207
$1,200,000
Beds
0 Baths
9,428 SqFt
0.16 Acres
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This two-story, 9,428-square-foot mixed-use building near Eastern Market is fully occupied by Flowers for Dreams (5,395 SF) and Handcar (4,033 SF). Featuring a distinctive façade and interior courtyard, the property has benefited from significant ownership investment in MEP systems and exterior improvements. Within walking distance of Eastern Market and Downtown Detroit, it offers investors a stable, cash-flowing asset. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

Property Details

Price:
$1,200,000
MLS #:
20251037934
Status:
Active
Beds:
0
Baths:
0
Address:
1486 Gratiot Avenue
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
RIOPELLE FARM S OF GRATIOT
Neighborhood:
05052det6macki75conner
City:
Detroit
Listed Date:
Sep 18, 2025
State:
MI
Finished Sq Ft:
9,428
Total Sq Ft:
9,428
ZIP:
48207
Year Built:
1950
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Andrea Stephan

Andrea Stephan

Realtor®

Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$137,136
Taxes
$24,586

Map

Community

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disclosure
Courtesy of O’Connor Realty Detroit, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than Stephan Group Real Estate Team include the name of the listing broker. Neither the listing company nor Stephan Group Real Estate Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
1486 Gratiot Avenue
Detroit, MI