13043 Puritan Street, Detroit, MI 48227
Real Estate Only - Detroit, MI
- Added:
- Jan 28, 2026
- Days on Market:
- 147
- Last Refresh:
- Jun 24 at 5:06 pm
Property Features for 13043 Puritan Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- W22I011969S
- Size
- 500 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 203.18
- Expense value
- 50000
- Expense
- Security Deposit
- Expense freq.
- Once
Building Details
- Year built
- 1946
- Building materials
- Brick
- Architectural style
- Other
Listing agent Damian Hickman (248) 924-1377
Listing office EXP Realty Main 39555 Orchard Hill Place Ste 600, Royal Oak, MI (888) 501-7085
Listing date Jan 28, 2026
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Newly renovated commercial building, move‑in ready.
- Suitable for mixed‑use concept (retail, office, professional services, creative use).
- Flexible space adaptable to various business visions.
- Ideal for investors, owner‑operators, or entrepreneurs.
- Brick construction.
- Built in 1946.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.8k | $15.60 |
| − Vacancy | −$702 | −$1.40 |
| EGI | $7.1k | $14.20 |
| − OpEx | −$2.7k | −$5.32 |
| NOI | $4.4k | $8.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.173369
- Latitude
- 42.409214
