2424 Michigan Ave - Retail FOR SALE


Detroit, MI 48216- Corktown
$770,000 USD
313-704-2678
2424 Michigan Ave, Detroit, MI for Sale
$770,000 USD
Retail - FOR SALE
1/6
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2424 Michigan Ave
Detroit, MI 48216
Corktown


OVERVIEW

This 3,000-square-foot commercial building occupies a 0.292-acre site (12,719 square feet) along Michigan Avenue in Corktown. The property offers a compelling opportunity for an owner-user, investor, or developer seeking frontage on one of the city’s most heavily traveled corridors. In addition to the existing building, the offering includes a billboard, which provides supplemental income potential and added visibility. The sale includes 2400, 2410, and 2424 Michigan Avenue, creating a larger footprint in a neighborhood experiencing significant growth and investment. Neighbors: Michigan Central Station, Ford Motor Company, Level 3 Communications, Southwest Greenway, Honeybee Market, Airspace Link, Ford Motor Co.’s Book Depository, New Lab Michigan Central, Detroit Bus Company, IMA, Slows BBQ, Metropolis Cycles, Mercury Burger Bar, Grandma Bob’s, Corktown Health Center, Detroit Public Safety Academy and UPS Detroit International Import Hub

FOR SALE DETAILS

PRICE

$770,000 USD

PRICE/SF

$257 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

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

B4

APN/PARCEL ID

10-000275

ASK ABOUT THIS PROPERTY

Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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