EXCELLENT OPPORTUNITY TO OWN A SPACIOUS 8,000 SQ FT COMMERCIAL BUILDING LOCATED IN DETROIT'S WEST SIDE FENKELL CORRIDOR. THE PROPERTY OFFERS GREAT VISIBILITY AND FRONTAGE ALONG A MAJOR THOROUGHFARE WITH CONSISTENT TRAFFIC AND LONG-TERM REDEVELOPMENT POTENTIAL. IT IS RIGHT ACROSS FROM A POST OFFICE. OPEN LAYOUT IDEAL FOR RETAIL, STORAGE, WAREHOUSE, OR LIGHT INDUSTRIAL USES. SOLID STRUCTURE. 24 PARKING SPACES. ZONED B-4 - GENERAL RETAIL. MOST RECENT KNOWN BUSINESS. A 2022 REAL-ESTATE LISTING DESCRIBES THE PROPERTY AS A GROCERY STORE WITH: LOTTERY SALES GENERATING ABOUT $50,000.00 ANNUALLY WHICH GIVES A GOOD BASE. A PERFECT OPPORTUNITY FOR AN INVESTOR OR BUSINESS OWNER LOOKING TO RENOVATE AND ADD VALUE IN A GROWING CORRIDOR. RPR GIVES IT A FINANCIAL RISK SCORE OF 217. YOU WILL NEED TO SIGN A WAIVER BEFORE HAVING A SHOWING OF THIS PROPERTY. PLEASE GO TO "DOC'S" AND PULL DOWN A COPY OF THE WAIVER, SIGN, AND EMAIL IT TO ME. THANK YOU. THIS IS BEING SOLD "AS-IS"
| MLS # | 20251060631 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1933 |
| Days On Site | 315 |
| Listing Provided By | Keller Williams HomeTowne | Richard H Alliston |
| SQ Feet | 7,679 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.71 |
| Water Front | Yes |
| Cooling Yes / No | No |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Roof | Other |
|---|---|
| Construction Materials | Block |
| Foundation Details | Block, Slab |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Parking Lot, On Street |
| Utilities | Above Ground Utilities |
|---|
| Tax Annual Amount | 10908.01 |
|---|
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48223 |
| Area | Det Schcraft |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in 48223) | |
Price: $339,000 low | high Med: $105,900 sqft: 7,679 low | high Med: 1,602 $ / sqft: $44 low | high Med: $75 On site: 315 low | high Med: 174 | |
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48223 |
| Area | Det Schcraft |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in 48223) | |
Price: $339,000 low | high Med: $105,900 sqft: 7,679 low | high Med: 1,602 $ / sqft: $44 low | high Med: $75 On site: 315 low | high Med: 174 | |