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Equipped Convenience Store
For Sale
$85,000

161 West Congress St, Detroit, MI 48226

The established retail setup includes shelving, beverage coolers, refrigerated displays, snacks, and everyday convenience products.

Property Size117,685 SF
Price / SF$0.72
Days on Market12

Property Features for 161 West Congress St

General Information

Standard status Active
Size 117,685 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,998
Listing Agency: Got Key'D Realty
Listed By: Ali M Beydoun · License #6501394866
Source: Exprealty
Added: Oct 8 Changed: Oct 19 Last Checked: Oct 19 at 2:31PM

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 Got Key'D Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This established convenience store is offered as a business sale; the real estate is not included. Its existing retail setup contains shelving, beverage coolers, refrigerated displays, drink selections, snacks, everyday convenience products, and essential equipment.

Located at 161 West Congress Street in downtown Detroit, the store is near Campus Martius Park, Huntington Place, the Financial District, and Rocket Companies’ headquarters.

Key Highlights

  • Business sale only; real estate is not included
  • Equipped with shelving, beverage coolers, and refrigerated displays
  • Existing product selection includes drinks, snacks, and everyday convenience items

Property Analytics

Current Use

Wally's Grocery & Convenience Store

Suggested Use

Top Pick Electrical Service HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5,484
Businesses Nearby
74k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 82% Shops & Services 18%
Hilton Garden Inn Detroit Downtown Hotels & Casinos
13,735 visits/mo 0.5 miles
Cambria Hotel Detroit Downtown Hotels & Casinos
13,247 visits/mo 0.4 miles
Hotel Indigo Detroit Downtown Hotels & Casinos
12,361 visits/mo 0.2 miles
Fort Pontchartrain a Wyndham Hotel Hotels & Casinos
9,506 visits/mo 0.1 miles
Mobil Shops & Services
8,172 visits/mo 0.2 miles

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
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

Similar Off Market Nearby

  • Oooh Wee @ One Mike Detroit — 1331 Broadway St, Detroit, MI 48226
  • PAO Detroit - Modern Dining — 114 w adams ave, detroit, mi 48226
  • One Lit Brunch at Annex — 24 W Adams Ave B, Detroit, MI 48226
  • Love & Tequila — 20 W Adams Ave, Detroit, MI 48226

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The established retail setup includes shelving, beverage coolers, refrigerated displays, snacks, and everyday convenience products.
Where is this grocery and convenience store located?
The property is located at 161 West Congress St Detroit, MI.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Business sale only; real estate is not included; Equipped with shelving, beverage coolers, and refrigerated displays; Existing product selection includes drinks, snacks, and everyday convenience items
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