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Detroit Commercial Property on State Fair

1750 E State Fair Detroit, MI 48203

1750 E State Fair, Detroit, MI, 48203
$330,000
For Sale
Claim this Listing
$330,000

2,013 sq ft commercial property on high-traffic State Fair.

Property Size2,013 SF
Lot Size0.29 Acres
Price / SF$163.93
AddedMar 12
Days on Market125
Last RefreshJul 2 at 10:05 pm

Property Features for 1750 E State Fair

General Information

Standard status
Active
Size
2,013 SF
Lot size
0.29 Acres
Property subtype
Commercial

Building Details

Year Built
1950

Listing office

Listing date Mar 12, 2026

Source Elliman

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 Theodore McNeal


Investment Insights

Based on property information with market context.

This 2,013 sq. ft. commercial property is located on a high-traffic section of E State Fair Ave in Detroit. The building provides visibility, frontage, and access to major roads. The layout is suitable for retail or service-based operations. The property is surrounded by active businesses and residential communities. It is located on a visible and accessible lot and has street frontage for signage and customer exposure.

Key Highlights

  • High‑traffic location on E State Fair Ave in Detroit.
  • 2,013 sq. ft. building suitable for various business types.
  • Excellent visibility and strong street frontage.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.4k $18.60
− Vacancy −$2.0k −$1.00
EGI $35.4k $17.60
− OpEx −$10.6k −$5.28
NOI $24.8k $12.32
2,013 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$354.2K
$309.9K – $413.2K (±1% cap)
NOI $24,794 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.1K
$388.6K – $518.1K (±1% cap)
NOI $31,085 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center HVAC Service Electrical Service Furniture & Home Goods Bakery Computer & Electronic Repair

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

FAQs

What type of property is this?
Storefront property - 2,013 sq ft commercial property on high-traffic State Fair.
Where is this storefront property located?
The property is located at 1750 E State Fair Detroit, MI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: High‑traffic location on E State Fair Ave in Detroit.; 2,013 sq. ft. building suitable for various business types.; Excellent visibility and strong street frontage.
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