Retail Storefront with Street
1750 E State Fair Highland Park, MI 48203
1750 E State Fair, Highland Park, MI, 48203
$330,000
For Sale
$330,000
2,013 sq. ft. retail building on a highly visible lot with flexible layout and ample street frontage for signage.
Property Size2,013 SF
Price / SF$163.93
Days on Market439
Property Features for 1750 E State Fair
General Information
- Standard status
- Active
- Size
- 2,013 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1950
Listing agency
EXP Realty Main
(888) 501-7085
Listed by
Julius Harris
Source
Xome
Added: May 10, 2025 Updated: Jul 22 at 11:54AM Checked: Jul 22 at 11:54AM
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 EXP Realty Main
Investment Insights
Based on property information with market context.
This retail storefront property offers 2,013 sq. ft. of commercial space in a building designed with flexibility in mind. The layout supports a range of retail or service-based operations, with ample street-facing frontage intended for visibility and signage.
The property is located along a high-traffic stretch of E State Fair Ave and provides easy access to major roads. It sits on a visible, accessible lot and is surrounded by active businesses and residential communities.
For buyers seeking a straightforward retail asset with adaptable interior configuration and strong street presence, this property provides a usable foundation for multiple potential business concepts.
The property is located along a high-traffic stretch of E State Fair Ave and provides easy access to major roads. It sits on a visible, accessible lot and is surrounded by active businesses and residential communities.
For buyers seeking a straightforward retail asset with adaptable interior configuration and strong street presence, this property provides a usable foundation for multiple potential business concepts.
Key Highlights
- 2,013 sq. ft. commercial building along E State Fair Ave in Detroit
- 128X100 lot dimensions with ample street frontage for signage
- Flexible layout suitable for retail or service‑based operations
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 | $29.0k | $14.40 |
| − Vacancy | −$1.7k | −$0.86 |
| EGI | $27.2k | $13.54 |
| − OpEx | −$8.2k | −$4.06 |
| NOI | $19.1k | $9.48 |
2,013 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$272.5K
$238.4K – $317.9K
NOI $19,074 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$372.7K
$326.1K – $434.8K
NOI $26,088 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 2,013 sq. ft. retail building on a highly visible lot with flexible layout and ample street frontage for signage.
Where is this retail space located?
The property is located at 1750 E State Fair Highland Park, 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: 2,013 sq. ft. commercial building along E State Fair Ave in Detroit; 128X100 lot dimensions with ample street frontage for signage; Flexible layout suitable for retail or service‑based operations
