Detroit Commercial Building in Revitalizing
For Sale
$499,900
18600 WYOMING St, Detroit, MI 48221
5,000+ sq ft commercial building in Detroit's Wyoming Corridor.
Property Size5,130 SF
Lot Size0.15 Acres
Price / SF$99.98
Days on Market149
Property Features for 18600 WYOMING St
General Information
Standard status
Active
Size
5,130 SF
Lot size
0.15 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,866
Building Details
Building Size
5,130 SF
Year Built
1963
Listing Agency:
(313) 478-5938
Listed By:
Jonnita Cotton-Stanton
(313) 478-5938
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 6 at 10:55AM
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 Jonnita Cotton-Stanton
Investment Insights
Based on property information with market context.
This commercial building, offering over 5,000 sq ft of space, is situated in Detroit’s Wyoming Corridor, within the city’s District 2 development zone. Located at the corner of Wyoming and Margareta, this brick building, originally constructed in the 1960s, features epoxy floors throughout, partial drywall, and plumbing for kitchens and bathrooms. The property is suitable for various commercial uses, including a bar, restaurant, daycare, office hub, retail storefront, or storage facility. Parking is available on both Wyoming Ave and Margarita St. Architectural plans from the current owner are included with the sale upon request. The property features an open layout, tall ceilings, and modern flooring. It is located minutes from the Avenue of Fashion, major expressways, and public transit routes. Land contract terms may be considered.
Key Highlights
- High‑traffic corner location in Detroit's growing Wyoming Corridor.
- Versatile 5,000+ sq ft space suitable for various commercial uses.
- Includes architectural plans from the current owner (upon request).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Home Improvements & Furnishings 7%
Dining 6%
Mobil
Shops & Services
7,479 visits/mo
0.5 miles
Citgo
Shops & Services
6,224 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,781 visits/mo
0.4 miles
AutoZone
Shops & Services
4,169 visits/mo
0.5 miles
Marathon
Shops & Services
3,683 visits/mo
0.4 miles
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 5,000+ sq ft commercial building in Detroit's Wyoming Corridor.
Where is this mixed-use property located?
The property is located at 18600 WYOMING St Detroit, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High‑traffic corner location in Detroit's growing Wyoming Corridor.; Versatile 5,000+ sq ft space suitable for various commercial uses.; Includes architectural plans from the current owner (upon request).
