Well Maintained East English Village Office/Retail Building

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30769327
Property Subtypes: Executive Suites, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 3,100 SF
Gross Land Area: 3,848 SF
Sale Price: $140,000
Unit Price: $45.16 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Tax R Us
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

* Perfect Building for boutique, Law Firm, Art Gallery, Retail Space, A/E Firm or other professional service company.

* Located along thriving East Warren Commercial Corridor in walking distance to retail along Cadieux

* Located in close proximity to several local & national retailers, including: Detroit Pepper Company, Flamz Pizzeria, East Warren Farmer's Market, ZAB Cultural Collective, Holy Moly Donut Shop

* Ideal location along newly proposed East Warren Streetscape Project (construction slated to commence Spring 2022)

*Targeted Strategic Neighborhood Fund Community

*Perfect location for neighborhood servicing retail or professional services

* Small parking pad at rear of building, street parking, and active bike lane adjacent to property

* Close proximity to I-94 Freeway

https://detroitmi.gov/departments/planning-and-development-department/neighborhood-plans/east-design-region/east-warren-cadieux-neighborhood-plan

https://michiganchronicle.com/2021/03/16/plans-through-snf-to-beautify-east-warren-commercial-corridor-underway/

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 21002284.
Zoning: B4
Property Located Between: Grayton St. and Harvard Rd.
Highway Access: Close proximity to I-94
Area Description: Active Commercial Area
Total Number of Buildings: 1
Typical SF / Floor: 3,100 SF
Year Built: 1956
Construction/Siding: Brick
Parking Type: Surface, Other
Parking Description: Small parking pad at rear of building, street parking
Zoning Description: Commercial
Lot Frontage: 39ft
Lot Depth: 100ft
Legal Description: S-E WARREN AVE 508&509 EASTERN HEIGHTS LAND COS SUB NO 1 L50 P4 PLATS, W C R 21/738 38.60 X 100

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,600 169,429 318,573
Median Age: 32.42 35.61 36.44
Households: 10,437 61,199 121,174

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