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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$339,000

Est. payment - /mo

7,679 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 7,679 sqft

Price per Sqft $44

MLS Listing ID 20251060631

Year Built 1933

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type BusinessandRealEstate

Property Description

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"

Location

State MI

County Wayne

Area Area05033Detschcraft6Grnfldlimits

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features ParkingLot, OnStreet

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type Other

Garage false

Building

Foundation Block, Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251060631

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Listed by Richard H Alliston of Keller Williams Home

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Erin Raetz

+1(586) 996-8410

20650 Fenkell Avenue Detroit, MI 48223

Erin Raetz

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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