Renovated Grocery Retail
For Sale
Contact for pricing
Pending
2939 Russell St, Detroit, MI 48207
Renovated grocery space with a new walk-in cooler/freezer and ample storage, offered for sale.
Property SizeContact for details
Days on Market143
Property Features for 2939 Russell St
General Information
Standard status
Pending
Property subtype
Retail, Business for Sale
Listing Agency:
Keller Williams Legacy
Listed By:
Moe Alshubi · License #6501439818
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Aug 29 at 9:43PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This offering includes Kays Food Supply, a renovated grocery and convenience retail space with a new walk-in cooler/freezer and plenty of storage. The property is presented as an approximately 2,500-square-foot space, and it’s described as having low rent.
The business is located in Detroit’s Eastern Market area, with the Eastern Market referenced as drawing up to 45,000 visitors in a day. The remarks also note the site is across the street from the Eastern Market and about 5 minutes from Ford Field and Little Caesars Arena.
For those looking to continue operating a grocery-focused business, the space is positioned with updated refrigeration infrastructure and functional storage to support daily inventory needs.
The business is located in Detroit’s Eastern Market area, with the Eastern Market referenced as drawing up to 45,000 visitors in a day. The remarks also note the site is across the street from the Eastern Market and about 5 minutes from Ford Field and Little Caesars Arena.
For those looking to continue operating a grocery-focused business, the space is positioned with updated refrigeration infrastructure and functional storage to support daily inventory needs.
Key Highlights
- Business for sale in the Eastern Market area
- 2,500 SF renovated grocery space with plenty of storage space
- New walk‑in cooler/freezer
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,525
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
McDonald's
Dining
33,321 visits/mo
0.2 miles
Exxon
Shops & Services
13,368 visits/mo
0.3 miles
Shell
Shops & Services
4,199 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,760 visits/mo
0.1 miles
Sala Thai
Dining
3,150 visits/mo
0.2 miles
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Similar Off Market Nearby
- Lafayette Foods — 1565 E Lafayette St, Detroit, MI 48207
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Renovated grocery space with a new walk-in cooler/freezer and ample storage, offered for sale.
Where is this grocery and convenience store located?
The property is located at 2939 Russell St Detroit, MI.
What are key features of this property?
This property features: Business for sale in the Eastern Market area; 2,500 SF renovated grocery space with plenty of storage space; New walk‑in cooler/freezer
