M-1 Redevelopment SIte

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30173607
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 5,064 SF
Gross Land Area: 0.66 Acres
Sale Price: $195,000
Unit Price: $38.51 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/16/2018

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 0100968790
Retail Clientele: General, Business
Property Located Between: W. Dakota and W. Arizona
Property Visibility: Excellent
Largest Nearby Street: Woodward Avenue (M-1)
Feet of Frontage: 263
Traffic/Vehicle Count: 32,965
Highway Access: I-696 and I-75.
Airports: Metro Detroit
Site Description: Great location for a re-development opportunity. Property has direct access off of M-1, and is located on a block that would also be accessible from the two side streets.
Total Number of Buildings: 2
Property Condition: Poor
Parking Type: Surface
Zoning Description: General Business with many possible uses.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,315 203,103 517,135
Median Age: 39.1 36.02 36.5
Households: 6,649 77,137 202,245
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