19050 Telegraph Rd - Storefront Retail/Office FOR SALE


Detroit, MI 48219- Redford
$750,000 USD
313-451-0202
19050 Telegraph Rd, Detroit, MI for Sale
$750,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

19050 Telegraph Rd
Detroit, MI 48219
Redford


HIGHLIGHTS

  • HIGH-VISIBILITY CORNER LOT ON TELEGRAPH RD & W. 7 MILE RD
  • 0.60 ACRE HARD CORNER LOT
  • HIGH TRAFFIC CORNER LOT, IDEAL FOR REDEVELOPMENT

OVERVIEW

Ideal for gas station, oil change, repair shop, or redevelopment. Great location. 0.60 acres located on a hard corner. (Telegraph Rd & 7 Mile Rd. Current tenant is month to month. Property Description The property features a 3,920-square-foot single-story building built in 1985, ideal for automotive, commercial, or redevelopment purposes. With zoning split between B-4 General Business District and R-1 Single-Family Residential, the site supports a versatile range of uses including drive-thru retail, freestanding commercial or restaurant, office, banks, and more. Concept plans are available for potential developers. Located just north of Grand River Avenue in the Detroit West of Woodward Submarket, this corner sees 75,000+ vehicles daily, making it a powerful location. The property lies within a Qualified Opportunity Zone (QOZ), offering potential tax advantages for investors and developers. It is located in a thriving Detroit submarket near Redford Plaza and Old Redford, benefiting from robust consumer demand and demographic strength. The site features B-4 General Business District and R-1 Single-Family Residential zoning, supporting a wide range of uses such as gas station, auto repair, drive-thru restaurant, c-store, office, or freestanding commercial concepts. Concept plans are available, including options for drive-thru retail or gas station/c-store development

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Repair, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

Commercial

APN/PARCEL ID

22-0166914

ASK ABOUT THIS PROPERTY

Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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Tarick SalmaciARG AMERICAN REALTY GROUPMore Info
313-451-0202

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