Retail Building on Corner
19040 Ecorse Rd Allen Allen Park, MI 48101
19040 Ecorse Rd Allen, Allen Park, MI, 48101
$1,200,000
For Sale
$1,200,000
High-visibility corner storefront with dual curb cuts and C4 zoning allowing retail, QSR, medical, and mixed-use.
Property Size5,500 SF
Lot Size0.52 Acres
Price / SF$218.18
Days on Market56
Property Features for 19040 Ecorse Rd Allen
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.52 Acres
- Property subtype
- Street Retail
Building Details
- Year Built
- 1995
Listing agency
The Jonna Group
(248) 226-1610
Listed by
Simon Jonna · License #6501357188
(248) 226-1610
Source
Thebrokerlist
Added: May 28 Updated: Jul 22 at 8:32AM Checked: Jul 22 at 8:32AM
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 The Jonna Group
Investment Insights
Based on property information with market context.
A 1995-built retail property configured as a redevelopment-ready building on 0.515 acres. The site includes dual curb cuts and signage, with access and frontage designed for commercial traffic. C4 zoning provides flexibility for retail, QSR, medical, and mixed-use concepts.
The property offers 180’ of frontage on Ecorse Rd with 23+/- parking spots and is located on a high-visibility corner lot. Traffic counts are reported at 17,539 VPD on Ecorse Road, with direct access to the I-94 and I-75 corridors. The surrounding area includes major employment, and the remarks note proximity to Ford Motor Company, with 284,048 total population within a 5-mile radius and an average household income of $96,879 within 1 mile.
The property offers 180’ of frontage on Ecorse Rd with 23+/- parking spots and is located on a high-visibility corner lot. Traffic counts are reported at 17,539 VPD on Ecorse Road, with direct access to the I-94 and I-75 corridors. The surrounding area includes major employment, and the remarks note proximity to Ford Motor Company, with 284,048 total population within a 5-mile radius and an average household income of $96,879 within 1 mile.
Key Highlights
- 5,500 SF retail building built in 1995 on a 0.515‑acre redevelopment‑ready corner lot
- High‑visibility corner with dual curb cuts, signage, and 180’ of frontage on Ecorse Rd
- C4 zoning allows retail, QSR, medical, and mixed‑use uses
Local Financial Insights For Healthcare Medical
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 | $110.2k | $20.04 |
| − Vacancy | −$13.7k | −$2.49 |
| EGI | $96.5k | $17.55 |
| − OpEx | −$38.6k | −$7.02 |
| NOI | $57.9k | $10.53 |
5,500 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$827.4K
$724.0K – $965.3K
NOI $57,918 @ 7.0% cap · market cap 4.83%
Second Best
Retail
$744.5K
$651.4K – $868.6K
NOI $52,114 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$1.02M
$891.0K – $1.19M
NOI $71,280 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - High-visibility corner storefront with dual curb cuts and C4 zoning allowing retail, QSR, medical, and mixed-use.
Where is this storefront property located?
The property is located at 19040 Ecorse Rd Allen Allen Park, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,500 SF retail building built in 1995 on a 0.515‑acre redevelopment‑ready corner lot; High‑visibility corner with dual curb cuts, signage, and 180’ of frontage on Ecorse Rd; C4 zoning allows retail, QSR, medical, and mixed‑use uses
