Retail/Medical Space for Sale or Lease - Detroit
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: |
30434261 |
| Property Subtypes: |
Mixed Use, Street Retail, Other
|
| Building Size (RSF): |
18,700 SF
|
| Gross Land Area: |
1.32 Acres
|
| Sale Price: |
$1,200,000 |
| Unit Price: |
$64.17 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/21/2020 |
Overview / Comments
For Sale or Lease. Possible redevelopment opportunity available with 1000’ of frontage on Gratiot Avenue. Current spaces are Great move-in ready medical spaces that could be conjoined to fit user’s needs. This is an opportunity to join a successful dentistry practice in neighboring space within the building. Located directly across from Detroit Police 9th Precinct, this location offers excellent visibility from Gratiot and ample parking. Landlord is in the process of renovating the buildings exterior.
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Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Wayne |
| Submarket/Township: |
Detroit E of Woodward |
| Tax ID/APN: |
210288136 |
| Zoning: |
B4 - GENERAL BUSINESS |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,622 |
177,822 |
455,367 |
| Median Age: |
33.64 |
31.85 |
35.5 |
| Households: |
5,635 |
59,646 |
173,607 |
|
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