Listing Agency: SVN-Cohn Commercial Properties h***@svn.com Show Phone

Listed By: Harry Cohn · License #07986251 Show Phone

Source: Moodyscre

Added: Apr 26, 2023 Changed: Aug 9 Last Checked: Aug 31 at 4:09PM

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Investment Insights

Based on property information with market context.

This retail property is located at the corner of Fenkell and Wyoming, less than half a mile from the Lodge Freeway. The property offers 2,700 square feet of space. It is positioned as an ideal spot for a bank or gas station.

Key Highlights

• Highly traveled corner location at Fenkell and Wyoming.
• Less than 1/2 mile from the Lodge Freeway.
• Ideal location for a bank.

Property Analytics

Property Profile

Current Use

Individual retail properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic 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.

Location Intelligence

Trade Area within ½ mile

4,556

Businesses Nearby

133k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 32% Dining 29% Shops & Services 27% Apparel 9%

Whole Foods Market Groceries

42,654 visits/mo 0.2 miles

McDonald's Dining

31,104 visits/mo 0.3 miles

Shell Shops & Services

13,363 visits/mo 0.4 miles

Shinola Apparel

9,011 visits/mo 0.3 miles

Condado Tacos Dining

7,597 visits/mo 0.3 miles

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

Questions? Ask Rey

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What type of property is this? Where is this individual retail properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Individual retail property - Retail property at a highly traveled corner near Lodge Freeway.

Where is this individual retail property located?

The property is located at 15321 Wyoming Ave Detroit, MI.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Highly traveled corner location at Fenkell and Wyoming.; Less than 1/2 mile from the Lodge Freeway.; Ideal location for a bank.