Don't miss this unique opportunity to own a mixed-use property

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Commercial For Sale

1528 GRATIOT Avenue

Detroit, Michigan 48207

Wayne County

Community: PLAT OF A DEQUINDRE FARM SEC 26 (ALSO P717-8 CR)

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$1,695,000 0 br, 0.0 bath 7248 sq. ft. 0.040 acres

Don't miss this unique opportunity to own a mixed-use property in Detroit's highly sought-after Eastern Market area. The building features four units: three residential lofts, each with two bedrooms and two bathrooms, accessible by elevator; and a ground-floor retail space with a valuable liquor license. Currently, the lofts are operated as successful rentals, offering immediate income potential. However, the next owner can explore diverse opportunities to maximize value. The ground-floor retail space is perfectly suited for a restaurant, bar, café, or gallery. Additionally, rooftop access presents another value enhancing feature. Situated in a prime location, the building is within easy walking distance of Eastern Market's vibrant shops and restaurants. Convenient access to major highways also makes it ideal for commuters. The building is in excellent, well-maintained condition, showcasing desirable architectural elements such as high ceilings, original timber beams, large windows, and exposed brick walls. The retail space boasts a large storefront and a fully equipped commercial kitchen, ready for service. The lower level offers additional creative space, perfect for a speakeasy enhanced by a convenient dumbwaiter. This property represents a compelling investment opportunity, offering revenue potential from both residential and commercial tenants. The option to purchase the liquor license, restaurant fixtures and furniture, and fully furnished lofts is available, making this truly a turnkey offering.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 7248
  • Year Built: 1907
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.040 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: 
  • Property Taxes: $16,632
  • MLS #: 20251032927
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Contact Information:
Beach Commercial For Sale in Detroit, Michigan
Listing Agent: Katherine Kutscher, Real Estate One, 248-416-4882, 248-548-9100 Listing Site, Listing Status: Active
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7404727
Viewed 18 times.
Updated: Dec 31, 2025

This property is a Commercial located at 1528 GRATIOT Avenue, Detroit, Michigan 48207, and is currently For Sale at $1,695,000. This Commercial has 0 bedrooms, 0.0 baths, 7248 sq ft.