Redevelopment Site Near Old
For Sale
Contact for pricing
17270 Greydale Ave, Detroit, MI 48219
Redevelopment site near Old Redford Theater, Detroit, MI.
Property Size5,850 SF
Price / SF$42.74
Days on Market627
Property Features for 17270 Greydale Ave
General Information
Standard status
Active
Size
5,850 SF
Property subtype
Retail
Zoning
B4
Building Details
Year Built
1939
Year Renovated
2024
Buildings
2
Stories
1
Listing Agency:
Summit Commercial LLC
(248) 619-4948
Listed By:
Jason Gage · License #6504376893
Source:
Crexi
Added: Dec 2, 2024
Changed: Aug 13
Last Checked: Aug 20 at 6:57PM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
This property, located near the Old Redford Theater, presents an excellent redevelopment opportunity. The main building has been updated and stabilized by the City of Detroit and is ready for finishing touches. The site is surrounded by new development projects and is situated within a Federal Opportunity Zone. The property offers 5850 square feet of space.
Key Highlights
- Excellent larger redevelopment site ready for finishing touches.
- Site is surrounded by new development projects.
- Located in a Federal Opportunity Zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 29%
Dining 12%
Apparel 3%
Meijer
Groceries
73,288 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,060 visits/mo
0.3 miles
Wendy's
Dining
12,475 visits/mo
0.3 miles
Meijer Gas Station
Shops & Services
9,012 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,719 visits/mo
0.3 miles
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Redevelopment site near Old Redford Theater, Detroit, MI.
Where is this storefront property located?
The property is located at 17270 Greydale Ave Detroit, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Excellent larger redevelopment site ready for finishing touches.; Site is surrounded by new development projects.; Located in a Federal Opportunity Zone.
