1740 & 1744 Michigan Avenue
Retail-Commercial
for Sale
Also listed as Special Purpose, Office
| 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: |
$1,150,000 |
| Unit Price: |
$179.35 PSF |
| Ceiling: |
12 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
|
1st Floor retail space. 2nd Floor is 2 apartments with ability to convert to offices. Basement not included in total square footage. Located near Ford Motor Company's Corktown Campus. Corner Property: 39.58' along Michigan Avenue and 108.18' along Harrison Street.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$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 |
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 |
|
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|
