Medical, Retail, Service, Wholesale

Retail-Commercial for Sale
Catylist Listing ID: 30507539
Property Subtypes: Free-Standing Building, Parking Facility, Street Retail, Vehicle Related
Building Size (RSF): 2,275 SF
Gross Building Area: See Agent
Sale Price: $149,900
Unit Price: $65.89 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/26/2019

Overview / Comments

Terrific opportunity to reopen a once successful drive through Restaurant. Excellent for a contractor needing parking as there is plenty. A separate free standing 4 car garage approximate 1125 sq. ft. with electricity. The building is currently divided into office space, utility area kitchen, open classroom. There are separate large Men/ Women's lounges, along with an additional lavatory with a stall shower.
Seller will consider a Land Contract...

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: W12I005324cs
Retail Clientele: General, Family, Business, Convention
Property Located Between: John C. Lodge & Livernois
Property Visibility: Excellent
Year Built: 1972
Construction/Siding: Block, Concrete
Parking Type: Structure
Parking Description: Plenty of Parking
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,888 205,306 561,265
Median Age: 35.62 38.31 35.71
Households: 9,512 80,461 213,676

Contact

Photograph of Listing Agent

Robert R LaBute

Real Estate Management Specialists, Inc.
CPIX Member
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