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    Detroit Commercial Property on State Fair Title is generated by Realmo AI

    1750 E State Fair, Detroit, MI 48203

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    For Sale
    $330,000

    2,013 sq ft commercial property on high-traffic State Fair.

    Type:Commercial
    Property size:
    2,013 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $163/SF
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 10:05 pm

    Property Features for 1750 E State Fair

    General Information

    Standard status
    Active
    Size
    2,013 SF
    Lot size
    0.29 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Theodore McNeal
    Theodore McNeal

    Listing office

    Listing date Mar 12, 2026

    Source Elliman

    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 Theodore McNeal

    HighLights

    • High‑traffic location on E State Fair Ave in Detroit.
    • 2,013 sq. ft. building suitable for various business types.
    • Excellent visibility and strong street frontage.
    • Flexible layout for retail or service‑based operations.
    • Easy access to major roads.
    • Located in a growing commercial market.

    Overview

    This 2,013 sq. ft. commercial property is located on a high-traffic section of E State Fair Ave in Detroit. The building provides visibility, frontage, and access to major roads. The layout is suitable for retail or service-based operations. The property is surrounded by active businesses and residential communities. It is located on a visible and accessible lot and has street frontage for signage and customer exposure.

    Local Financial Insights For Retail

    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 $37.4k $18.60
    − Vacancy −$2.0k −$1.00
    EGI $35.4k $17.60
    − OpEx −$10.6k −$5.28
    NOI $24.8k $12.32
    2,013 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $354.2K
    $309.9K – $413.2K (±1% cap)
    NOI $24,794 @ 7.0% cap · market cap 7.51%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $444.1K
    $388.6K – $518.1K (±1% cap)
    NOI $31,085 @ 7.0% cap · market cap 9.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic HVAC Service Spa & Massage Center Nursing Home Electrical Service Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0851
    Latitude
    42.4398

    FAQs

    What type of property is this?
    Storefront property - 2,013 sq ft commercial property on high-traffic State Fair.
    Where is this storefront property located?
    The property is located at 1750 E State Fair Detroit, MI.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: High‑traffic location on E State Fair Ave in Detroit.; 2,013 sq. ft. building suitable for various business types.; Excellent visibility and strong street frontage.
    More about this property
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