1842 & 1846 Michigan Avenue

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30828305
Property Subtypes: Street Retail
Building Size (RSF): 6,981 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $2,850,000
Unit Price: $408.25 PSF
Ceiling: 24 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 currently office that is fully leased. Basement not included in total square footage. Located near Ford Motor Company's Corktown Campus.


Finance Data Year 2022
Real Estate Taxes - Annual($) $28,916 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 080005578
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: 3,490 SF
Year Built: 1890
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 18
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,817 116,682 311,312
Median Age: 39.74 35.19 35
Households: 7,717 49,709 120,403


Photograph of Listing Agent

Christopher J. Monsour

Signature Associates CPIX Member
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