Building Details

Building Size 271,797 SF

Year Built 1921

Buildings 2

Stories 2

Listing Agency: Signature Associates - Southfield c***@signatureassociates.com Show Phone

Listed By: Christopher J. Monsour · License #6506044232 Show Phone

Source: Cpix.resimplifi

Added: May 14, 2024 Changed: Aug 30 Last Checked: Aug 30 at 2:04PM

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Investment Insights

Based on property information with market context.

This warehouse building dates to 1921 and includes warehouse space on the second floor. A majority of the roof was replaced in 2016. The property is zoned B6, General Business, and lies within an Opportunity Zone.

The site is in Corktown, within walking distance of restaurants, shops, bars, and the renovated Michigan Central Station.

Key Highlights

• 1921 warehouse building
• Majority of roof replaced in 2016
• B6, General Business zoning

Property Analytics

Property Profile

Current Use

Infinite Technologies LLC Factory Old Newsboy Goodfellow ... Charitable Organization Vetbuilt Services, Inc. Employment Agency BHULLAR IMPORTS Department Store Electric Electric Utility Company

Suggested Use

Top Pick Nail Salon Daycare Center HVAC Service Garden Center Furniture & Home Goods Kitchen & Bath Showroom

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

935

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48216, MI

5,031

Population

3,398

Households

1.5

Avg Household Size

35

Median Age

37%

College-Educated

87%

High-School Grad

2.3 sq mi

ZIP Area

2,187

Density / Sq Mi

$42,278

Median Household Income

$42,189

Median Earnings

$860

Median Rent

$225,300

Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses 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?

Warehouse - B6 General Business zoning and a majority roof replacement completed in 2016 support the property's commercial profile.

Where is this warehouse located?

The property is located at 1927 Rosa Parks Blvd Detroit, MI.

What are key features of this property?

This property features: 1921 warehouse building; Majority of roof replaced in 2016; B6, General Business zoning