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Convenience Store with Attached Apartments
For Sale
$185,000

10000 Chicago, Detroit, MI 48204

Neighborhood convenience store with two apartments above, plus adjacent attached retail buildings included with the sale.

Property Size4,896 SF
Price / SF$37.79
Days on Market166

Property Features for 10000 Chicago

General Information

Standard status Active
Size 4,896 SF

Additional Details

Business Included Yes
Liquor License Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,361
Listing Agency: Berkshire Hathaway HomeServices The Loft Warehouse
Listed By: Angel Holbrook
Source: Exprealty
Added: Apr 1 Changed: Aug 31 Last Checked: Sep 12 at 10:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices The Loft Warehouse

Investment Insights

Based on property information with market context.

This offering includes an established neighborhood convenience store/mini mart with a kitchen area that supports carry-out food service. The property includes multiple store front spaces and ample parking, with additional store fronts noted in the remarks. The sale also includes two apartments located above the store; both units are two bedrooms and are described as needing cosmetic updates and repairs, while the building is stated to be in great shape with some TLC.

The store is described as operating as a longtime family-owned neighborhood convenience business on Detroit’s West Side, positioned on a corner location with visibility and is described as having front and side parking to serve nearby residential customers. The remarks also indicate the business previously carried beer, wine, and spirits, along with grocery/market items.

In addition, the purchase price is stated to include adjacent attached retail buildings.

Key Highlights

  • Neighborhood convenience store/mini mart on Detroit’s West Side with two apartments above (2BR/2BA each).
  • Includes adjacent attached retail buildings with the sale.
  • Building includes a kitchen area with potential for carry‑out food service.

Property Analytics

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Current Use

Glenn's Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Similar Off Market Nearby

  • Hometown Supermarket 8656 Wyoming Ave, Detroit, MI 48204

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Neighborhood convenience store with two apartments above, plus adjacent attached retail buildings included with the sale.
Where is this grocery and convenience store located?
The property is located at 10000 Chicago Detroit, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Neighborhood convenience store/mini mart on Detroit’s West Side with two apartments above (2BR/2BA each).; Includes adjacent attached retail buildings with the sale.; Building includes a kitchen area with potential for carry‑out food service.
More about this property
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