12336 Morang ave - Bank FOR SALE


Detroit, MI 48224- Denby
$380,000 USD
313-623-6907
12336 Morang ave, Detroit, MI for Sale
$380,000 USD
Bank - FOR SALE
1/9
null | Request Cap Rate

12336 Morang ave
Detroit, MI 48224
Denby


HIGHLIGHTS

  • Positioned in an established Detroit Eastside retail corridor with consistent neighborhood traffic.
  • Strong visibility and accessible frontage along Morang Dr.
  • Located within a dense residential area supporting daily consumer demand.
  • Ideal for owner-user, re-tenanting strategy, or value-add repositioning.
  • Minutes to I-94 and major Detroit arterials for regional access.

OVERVIEW

12336 Morang Dr offers an adaptable retail opportunity positioned along Detroit’s established Morang Drive commercial corridor, an area known for strong neighborhood-serving retail activity and consistent daily traffic. This property sits within a dense residential trade area, supported by single-family neighborhoods, multifamily communities, schools, and diverse local businesses that generate steady consumer demand. Its location places it minutes from I-94 and major Detroit arterials, providing convenient regional connectivity for both customers and operators. The surrounding corridor hosts a wide mix of convenience retailers, restaurants, automotive service shops, grocers, and specialty operators, making this a practical location for businesses looking to capture consistent local spending. The site benefits from excellent visibility along Morang Dr, supported by accessible street frontage and clear sightlines for passing traffic. Retail operators in this area typically serve a loyal neighborhood customer base, giving future owners the ability to position the property for owner-user occupancy, re-tenanting, or value-add repositioning depending on their investment strategy.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

CROSS STREETS

Kelly / Morang

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

B4

APN/PARCEL ID

21-076597-606

ASK ABOUT THIS PROPERTY

Gharian CarverKW MetroMore Info
313-623-6907

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Gharian CarverKW MetroMore Info
313-623-6907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.