12719 GRATIOT Avenue new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
$ 100
0 Bed
- Bath
2672 SqFt
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Rent
Square Footage 2,672 sqft
Subdivision Gratiot Highlands Sub (Plats)
MLS Listing ID 20250031896
Year Built 1925
Lot Size 4,791 Sqft
Property Sub-Type Real Estate Only
Property Description
Historic Detroit Building – 4,983 Sq. Ft. – For Lease Built in 1925, this historic property originally opened as the Franklin Theater in 1926 before becoming the Guild Theater. In need of a full renovation, it offers an excellent opportunity for developers or investors to restore a significant piece of Detroit's history. The property is offered with a two-year rent-free lease, during which the tenant agrees to complete all remodeling and renovations at their own expense. This property is also available for sale.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Commercial
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Gross Lease,Lease
Listing Terms Gross Lease,Lease
Special Listing Condition Full Service
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250031896