Listing Agency: Empire Realty Group

Listed By: Hanadi Kabbani · License #MI 408759 Show Phone

Source: Crexi

Added: Apr 21 Changed: Oct 2 Last Checked: Oct 14 at 8:48PM

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Investment Insights

Based on property information with market context.

This for-sale property is a 2,800-square-foot commercial building classified as retail space. The available information identifies the asset as a standalone commercial building suitable for retail-oriented use.

Key Highlights

• 2,800‑square‑foot commercial building
• Retail space classification
• For‑sale commercial property

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

331

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 74% Dining 26%

Sunoco Shops & Services

5,246 visits/mo 0.2 miles

Dairy Queen Dining

1,861 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019

9.2% 2020

8.5% 2021

7.3% 2022

7.9% 2023

7% 2024

7% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial building offering a retail-oriented configuration for sale.

Where is this retail space located?

The property is located at 10508 W Chicago Detroit, MI.

What is the asking price?

The asking price for this property is $69,000.

What are key features of this property?

This property features: 2,800‑square‑foot commercial building; Retail space classification; For‑sale commercial property