19014 Hayes St - Retail FOR SALE


Detroit, MI 48205- Burbank
$25,000 USD
248-895-9972
19014 Hayes St, Detroit, MI for Sale
$25,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

19014 Hayes St
Detroit, MI 48205
Burbank


HIGHLIGHTS

  • Value-add redevelopment project
  • Former shoe shop and office
  • Zoned B4 General Business
  • Electricity in working order
  • Fenced lot behind building
  • Motivated seller

OVERVIEW

Introducing a prime investment opportunity at 19014 Hayes St in Detroit, MI. This 800 SF building, constructed in 1947, offers a value-add redevelopment project in a sought-after redeveloped 7 Mile corridor. Zoned B4 General Business, this versatile property has previously served as a shoe shop and office, providing a flexible canvas for retail or street retail ventures. The building features 12' ceilings, functional electricity (gas and water are currently turned off), and a 20'W x 40' D fenced lot behind the property. This property holds immense potential for savvy investors seeking a promising project in the heart of Detroit. The building next door is also for sale by the same seller. Nestled on the east side of Hayes Street, just south of 7 Mile and in close proximity to I-94, the location provides convenient access for patrons. Situated west of the Eastland Mall Redevelopment and northeast of the Coleman A. Young International Airport, the area exudes potential for retail and street retail investment. This strategic positioning offers visibility and accessibility in a dynamic market, increasing the appeal for businesses seeking to establish a presence in this thriving Detroit neighborhood.

FOR SALE DETAILS

PRICE

$25,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,008 SF

ZONING

B4

APN/PARCEL ID

21-056588

ASK ABOUT THIS PROPERTY

Kevin BullP.A. Commercial, LLCMore Info
248-895-9972

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

Kevin BullP.A. Commercial, LLCMore Info
248-895-9972

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