16445 Hamilton Ave - Freestanding FOR SALE


Highland Park, MI 48203
$599,000 USD
248-563-0739
16445 Hamilton Ave, Highland Park, MI for Sale
$599,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

16445 Hamilton Ave
Highland Park, MI 48203


OVERVIEW

NAI FARBMAN is excited to introduce an exceptional opportunity for retail investors: a well-appointed 2,400 SF free-standing building, meticulously renovated in 2020, and ideally situated within the sought-after Detroit West of Woodward Avenue market. Built in 1946, this property holds a prime position in the Urban Village Mixed-Use (M-UV) zone, offering versatility for a range of retail ventures. With a strategic location and a blend of historic charm and modern functionality, this property presents an enticing prospect for owners/users/investors seeking to establish a thriving retail presence in this dynamic commercial district. Industrial Building / Green Zone / Cannabis 16445 Hamilton Ave., Highland Park, MI 48203 Detroit W of Woodward Submarket Located between Florence St and Louise Ave along Hamilton Ave. between 8 Mile Rd and 7 Mile/McNicholas Rd. 2,400 SF Industrial/Retail Building Built 1946, renovated 2020 0.07 ACRES Zoned: (N-UV) Urban Village Mixed-Use Concrete unit masonry exterior walls Steel roof structure – replaced 2020 2 exits 1 Unisex Restroom 1 Utility Sink No Sprinkler System

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

(N-UV) Urban Village Mixe

APN/PARCEL ID

43-004-02-0038-000

ASK ABOUT THIS PROPERTY

Wendy AchoNAI FarbmanMore Info
248-563-0739

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Wendy AchoNAI FarbmanMore Info
248-563-0739

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