1740 & 1744 Michigan Avenue

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30828293
Property Subtypes: Street Retail
Building Size (RSF): 6,412 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $1,250,000
Unit Price: $194.95 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/25/2023

Overview / Comments

1st Floor retail space. 2nd Floor is 2 apartments with ability to convert to offices. Basement not included in total square footage. Located near Ford Motor Company's Corktown Campus.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $9,924 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 080005634
Zoning: B4
Property Located Between: Rosa Parks Boulevard
Traffic/Vehicle Count: 10,877
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,206 SF
Year Built: 1890
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: In Back
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,817 116,682 307,870
Median Age: 39.74 35.19 35.08
Households: 7,717 49,709 119,384

Contact

Photograph of Listing Agent

Christopher J. Monsour

Signature Associates CPIX Member
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