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Retail Space with Parking Lot
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14131 Fenkell Ave, Detroit, MI 48227

7,420 sq ft retail space with adjacent parking.

Property Size7,420 SF
Price / SF$48.52
Days on Market921

Property Features for 14131 Fenkell Ave

General Information

Standard status Active
Size 7,420 SF
Property subtype Retail, Land
Zoning Commercial

Building Details

Year Built 1949
Stories 1
Listing Agency: Herbert J Hill Realty Real Estate Master
Listed By: Herbert Hill · License #MI
Source: Crexi
Added: Feb 12, 2024 Changed: Aug 8 Last Checked: Aug 20 at 9:02PM

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 Herbert J Hill Realty Real Estate Master

Investment Insights

Based on property information with market context.

This commercial property features 7,420 square feet of retail space with an adjacent parking lot. The property is located in Detroit, MI and presents a business opportunity.

Key Highlights

  • Large 7,420 sq. ft. space.
  • Adjacent parking lot.
  • Excellent business opportunity.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage Gym & Fitness Center

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

553
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 13% Electronics 3%
BP Shops & Services
7,584 visits/mo 0.2 miles
Sunoco Shops & Services
6,252 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,412 visits/mo 0.4 miles
Exxon Shops & Services
3,021 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
2,564 visits/mo 0.5 miles

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 7,420 sq ft retail space with adjacent parking.
Where is this retail space located?
The property is located at 14131 Fenkell Ave Detroit, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Large 7,420 sq. ft. space.; Adjacent parking lot.; Excellent business opportunity.
(313) 341-2656 Call to check price and availability
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