6
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$100
4,983 SqFt
New
12719 GRATIOT AVE Detroit, MI 48205
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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Rent
Square Footage 4,983 sqft
Subdivision Gratiot Highlands Sub (Plats)
MLS Listing ID 20261002779
Year Built 1925
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type RealEstateOnly
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 Area05054Det8Togratiothoustonto7
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Lease
Listing Terms Lease
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250031896
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Listed by Dairek Yaldoo of Keller Williams Home
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