504 Main Street

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30384468
Property Subtypes: Street Retail
Building Size (RSF): 5,895 SF
Gross Building Area: 1,600 SF
Gross Land Area: 0.17 Acres
Sale Price: $499,000
Unit Price: $84.65 PSF
Ceiling: 14 ft.
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/9/2021

Overview / Comments

Investment sale/lease. All leases are gross prices and include utilities. New owner is improving all units with upgrades. Income in place. Contact broker for details.
-Unit B: $2,000/Month Gross
-Unit D: $850/Month Gross


Finance Data Year 2018
Real Estate Taxes - Annual($) $7,088 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Airport District
Tax ID/APN: 31084010270001
Property Located Between: Denton
Traffic/Vehicle Count: 21,600
Number of Stories: 1
Year Built: 1946
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Masonry
Parking Description: Street Parking
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,324 30,159 90,141
Median Age: 37.34 36.9 36.22
Households: 2,404 12,683 36,255


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