Retail Development Opportunity

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30136461
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending
Building Size (RSF): 2,744 SF
Gross Land Area: 4,095 SF
Sale Price: $55,000
Unit Price: $20.04 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

- High Visibility Area
- Great development opportunity
- Quick access to I-94 Freeway

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 16017169.
Retail Clientele: General, Family, Business
Property Located Between: Buchanan and Horatio
Largest Nearby Street: Michigan Ave
Feet of Frontage: 425
Highway Access: Nearby I-94
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,744 SF
Year Built: 1940
Construction/Siding: Brick
Zoning Description: B2 - Local Business & Residential District
Lot Frontage: 42.5
Lot Depth: 96.4000015
Legal Description: E LIVERNOIS N 12.50 FT 5 6 EXC LIVERNOIS AVE AS WD O L 86-STARKS SUB L6 P57 PLATS, W C R 16/159 42.50 X 96.40

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,686 163,985 390,220
Median Age: 28.47 31.35 33.68
Households: 6,701 57,235 144,859
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.