13043 Puritan Street, Detroit, MI 48227
Newly renovated and move-in ready, this building supports multiple concepts including retail, office, and professional uses.
- Added:
- Jan 28, 2026
- Days on Market:
- 143
- Last Refresh:
- Jun 20 at 3:30 am
Property Features for 13043 Puritan Street
General Information
- Standard status
- Active
- Size
- 500 SF
- Property subtype
- Mixed Use, Office, Land, Retail
Building Details
- Year Built
- 1946
Listing agent Damian Hickman License #6501363263
Listing office eXp Realty LLC - Michigan
Listing date Jan 28, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC - Michigan
HighLights
- Year built 1946 commercial building.
- Newly renovated and move‑in ready.
- Flexible layout suitable for retail, office, professional services, or creative use.
- Supports mixed‑use concept with adaptable space for your vision.
Overview
Located at 13043 Puritan Street in Detroit, MI 48227, the building provides a straightforward commercial platform for owner-operators and investors seeking a single property that can support more than one type of use. Its adaptability makes it practical for tenants looking for flexibility without starting from scratch.
For buyers and operators, the best-fit opportunity is a use that benefits from a polished, recently updated environment and a concept that can evolve. Whether you’re pursuing a storefront-style setup, a service-based office, or a creative workspace, the property is positioned to support that direction with a move-in ready condition and a flexible, multi-purpose design approach.
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 | $6.9k | $13.80 |
| − Vacancy | −$587 | −$1.17 |
| EGI | $6.3k | $12.63 |
| − OpEx | −$1.9k | −$3.79 |
| NOI | $4.4k | $8.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.173369
- Latitude
- 42.409214