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    831 Selden St Detroit, MI 48201

    For Lease
    Contact for pricing

    Retail space in Midtown's 3rd Street Corridor, available Q2 2021.

    Property size:
    1,333 SF
    Lot size:
    0.02 Acres

    Property Features for 831 Selden St

    General Information

    Size
    1,333 SF
    Lot size
    0.02 Acres

    Source: Iconic Real Estate Agent Kees Janeway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown Retail Space on Selden

    Located in the heart of Midtown, specifically on the developing 3rd Street Corridor at the corner of 4th and Selden, this retail space offers 80 feet of frontage on Selden. The property, with an area of 1,333 square feet, faces the park on 4th Street. Space A is intended for restaurant use. Delivery is scheduled for Q2 2021. The Detroit Dance Center will be a co-tenant. Area developments include The Jefferson School, Midtown ECO Homes, and The Selden. Nearby tenants include Selden Standard, Condado, Shewolf, Willis Show Bar, Slows to Go, and Gus’s Fried Chicken.
    Location Intelligence

    Current Use by Public Records

    Detroit Dance Center Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.063556
    Latitude
    42.340879

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    FAQs

    What type of property is this?
    Retail space - Retail space in Midtown's 3rd Street Corridor, available Q2 2021.
    Where is this retail space located?
    The property is located at 831 Selden St Detroit, MI.
    What are key features of this property?
    This property features: - Prime Midtown location on the burgeoning 3rd Street Corridor at the corner of 4th & Selden.; - 1,333 SF space facing the park on 4th Street, ideal for restaurant use.; - 80' of frontage on Selden Street.
    (313) 603-4266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    831 Selden St Detroit, MI 48201
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