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Realtyflo Inc

team@dtrdetroit.com +1(313) 466-7253

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12719 GRATIOT Avenue Detroit, MI 48205

2,672 SqFt

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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

Originating Board Realcomp II Ltd

Year Built 1925

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40.00 x 130.00

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

Direction Gratiot South-East of McNichols

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I028964S

Acceptable Financing Gross Lease, Lease

Listing Terms Gross Lease, Lease

Financing Gross Lease,Lease

Special Listing Condition Full Service

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250031896

Listed by Dairek Yaldoo of Keller Williams Home

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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