14750 Puritan Avenue Detroit, MI 48227
COMMERCIAL - Detroit, MI
Property Features for 14750 Puritan Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 22012263.
- Size
- 3,900 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BLK:502 DIST:01 CITY/MUNI/TWP:DETROIT CITY N PURITAN 55&54 W 4.55 FT 53 JAMES MURPHYS SUB L45 P91 PLATS, W C R 22/52 52
- Tax Annual Amount
- 1749
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
Building Details
- Year built
- 1960
- Number of units
- 10
- Building materials
- Block
- Roof type
- Metal
Listing agent Cecelia Dillard License #6501380095 (313) 516-3856
Listing office KW Home Realty 30500 Northwestern Hwy #300, Farmington Hills, MI (248) 626-2100
Listing date Jul 15, 2026
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Investment Insights
Based on property information with market context.
Recent improvements include a new roof, new plumbing, new electrical, a new furnace, and a new central air unit.
With approximately 3,900 square feet and a 0.12-acre lot, the property provides a straightforward layout for organizations that want a combination of individual workspaces and shared common area.
Key Highlights
- Newly renovated commercial building with nine private suites plus additional restrooms
- Open‑concept space on one side for meetings, training, private events, workshops, co‑working, or a creative studio
- Includes full kitchen and two restrooms in the open‑concept area
Local Financial Insights For Office B
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 | $23.4k | $6.00 |
| − Vacancy | −$5.5k | −$1.41 |
| EGI | $17.9k | $4.59 |
| − OpEx | −$4.5k | −$1.15 |
| NOI | $13.4k | $3.44 |
