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Mixed-Use Building with Apartments
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14204 Fenkell Ave, Detroit, MI 48227

Freestanding property combines an operating liquor store, apartments, and vacant former pharmacy space.

Property SizeContact for details
Days on Market143

Property Features for 14204 Fenkell Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Golden Key Group
Listed By: REVAN HERFY · License #6501405707
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:13AM

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 Golden Key Group

Investment Insights

Based on property information with market context.

This freestanding mixed-use property in Detroit includes an 8,000-square-foot liquor store within a 14,000-square-foot building. The property also contains two apartments that may be leased separately, along with vacant space formerly used as a pharmacy.

The former pharmacy area offers an established commercial layout that could accommodate a new restaurant or a returning pharmacy operation, subject to applicable requirements. The property is located at 14204 Fenkell Ave and includes the necessary licenses with the transaction. Existing inventory is available for separate negotiation.

Key Highlights

  • 14,000‑square‑foot freestanding mixed‑use building
  • 8,000‑square‑foot liquor store occupies part of the property
  • Two apartments provide additional leasable space

Property Analytics

Current Use

Storefront properties

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Freestanding property combines an operating liquor store, apartments, and vacant former pharmacy space.
Where is this mixed-use property located?
The property is located at 14204 Fenkell Ave Detroit, MI.
What are key features of this property?
This property features: 14,000‑square‑foot freestanding mixed‑use building; 8,000‑square‑foot liquor store occupies part of the property; Two apartments provide additional leasable space
More about this property
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