Storefront Retail 2-Property Portfolio Retail FOR SALE


Hazel Park, MI
$804,700 USD
248-981-2089
, Hazel Park, MI for Sale
$804,700 USD
Retail - FOR SALE
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Storefront Retail 2-Property Portfolio
Hazel Park, MI


HIGHLIGHTS

  • Prominent two-building retail portfolio along Hazel Park’s main commercial corridor.
  • Frontage on John R Road with exposure to approximately 23,000 vehicles daily.
  • Immediate access to I-75 and I-696 for regional connectivity.
  • Flexible layouts suitable for retail, medical, showroom, or restaurant uses.
  • Opportunity to acquire as a portfolio or individually for owner-user or investor.
  • Surrounded by national retailers and dense residential neighborhoods.

OVERVIEW

This two-property retail portfolio presents a compelling acquisition opportunity in Hazel Park’s primary commercial corridor. Positioned along John R Road, the portfolio offers exceptional visibility and exposure to approximately 23,000 vehicles per day, ensuring consistent traffic and strong signage presence. The properties are strategically located within a dense residential area and surrounded by national retailers such as Kroger, CVS, Tim Hortons, and Dollar Tree, creating a built-in customer base and long-term stability for retail operations. The portfolio consists of two contiguous buildings totaling 8,047 square feet, offering flexible layouts that can accommodate a wide range of uses including retail, medical, showroom, or restaurant concepts. Zoned within the Flex Corridor (FC), the properties provide adaptability for both owner-users and investors seeking value-add potential. Immediate access to I-75 and I-696 enhances regional connectivity, simplifying logistics and employee commutes while expanding the trade area reach. Hazel Park is a growing community within the Detroit metropolitan area, benefiting from strong consumer spending of $4.2 billion within a five-mile radius and an average household income of $77,282. This acquisition offers investors the ability to purchase both properties as a portfolio or individually, providing versatility in investment strategy. With its prime location, strong traffic drivers, and adaptable configurations, this portfolio is well-positioned to deliver long-term value and operational flexibility in a thriving retail corridor.

ASK ABOUT THIS PROPERTY

Joseph FaridaCMP Real Estate GroupMore Info
248-981-2089

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Joseph FaridaCMP Real Estate GroupMore Info
248-981-2089

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