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Jenn Smart

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1494 Gratiot , Detroit, MI 48207
$600,000
Est. Payment: $3,126.68/mo
0 Bed
0 Bath
2930 Sqft
Status: active | Days on site: 291
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

Located on a prime, highly visible corner of Gratiot's commercial corridor, this two-story, 2,930-square-foot mixed-use building is the perfect investment property. The property is fully occupied and anchored by neighborhood staple, La Ventana Cafe. Ownership has invested significantly into the building's MEP systems as well as the distinctive facade. This opportunity provides investors with a stable, cashflowing asset within walking distance of Eastern Market and Downtown Detroit. 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.
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Highlights

Listed by Vincent Mazzola , and Sloane Walsh , O'Connor Realty Detroit, LLC , 313-963-9891. MiRealSource, Inc. mls logo

Property Type

Commercial Sale
Lot/Acreage
0.03

Year Built

19

County

Wayne

Area

Detroit (82001)

 Neighborhood

Riopelle Farm S Of Gratiot

Listing ID

60937898

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Above Ground Sq Ft:2930
Water:Public Water

Exterior Features

Lot Dimensions:39x39
Zoning:Multi-Family,Commercial
Principal Interest
$3,127
Taxes
$461

Home Price

$600,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,126.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,126.68 $461.00 $0.00 $3,587.68
Yearly $37,520.20 $5,532.00 $0.00 $43,052.20
Total $1,125,606.04 $165,960.00 $0.00 $1,291,566.04
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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