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Storefront Property with Pawn Shop
For Sale
$399,000

Harper Unit 14513 1, Detroit, MI 48224

Operational licensed pawn business with three additional rental units and upgraded electrical service.

Property SizeContact for details
Days on Market528

Property Features for Harper Unit 14513 1

General Information

Standard status Active
Property subtype General Commercial

Amenities

security fencing
surveillance camera system
power electric upgrade
3
Asphalt, Rubber
180x60
Outdoor Lights.

Building Details

Year Built 1926
Stories 1
Listing Agency: @properties Christie's Int'l R E Rochester
Listed By: Shawn Arnaout · License #6501362624
Source: Xome
Added: Mar 22, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:28PM

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 @properties Christie's Int'l R E Rochester

Investment Insights

Based on property information with market context.

This storefront property combines a licensed, operating pawn shop with three additional rental units. The layout supports multiple commercial occupants within a single property, while a recent electrical power upgrade accommodates businesses with higher electrical demands. The property was built in 1926 and includes outdoor lighting.

Security features include full perimeter fencing and a surveillance camera system. The property is positioned near an expressway in a high-traffic area, providing convenient access and exposure for commercial operations. Exterior details include 180x60 dimensions and asphalt and rubber surfacing.

Key Highlights

  • Licensed, operational pawn shop with three additional rental units
  • Recent electrical power upgrade for higher‑capacity business needs
  • Full security fencing and surveillance camera system

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Gym & Fitness Center Daycare Center Accounting Firm Restaurant

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

260
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
4,959 visits/mo 0.2 miles
Shell Shops & Services
4,054 visits/mo 0.3 miles

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
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?
Storefront property - Operational licensed pawn business with three additional rental units and upgraded electrical service.
Where is this storefront property located?
The property is located at Harper Unit 14513 1 Detroit, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Licensed, operational pawn shop with three additional rental units; Recent electrical power upgrade for higher‑capacity business needs; Full security fencing and surveillance camera system
More about this property
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