Spacious Commercial Building on
For Sale
$350,000
20650 Fenkell Avenue, Detroit, MI 48223
8,000 SF commercial building in Detroit's Fenkell Corridor.
Property Size8,000 SF
Price / SF$43.75
Days on Market102
Property Features for 20650 Fenkell Avenue
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Building Details
Year Built
1933
Listing Agency:
Curtis-Botsford Real Estate LLC
(248) 912-2983
Listed By:
Richard H Alliston · License #6501223313
(248) 912-2983
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 10:15AM
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 Curtis-Botsford Real Estate LLC
Investment Insights
Based on property information with market context.
This spacious 8,000 square foot commercial building is located in Detroit's west side Fenkell Corridor. The property offers frontage along a major thoroughfare with consistent traffic and long-term redevelopment potential. It is situated across from a post office. The building features an open layout suitable for retail, storage, warehouse, or light industrial uses. It has a solid structure and 36 parking spaces. The zoning is B-4, General Retail. A 2022 real-estate listing describes the property as a grocery store with lottery sales generating approximately $50,000.00 annually. The property presents an opportunity for an investor or business owner looking to renovate and add value in a growing corridor. The RPR gives it a financial risk score of 217. The walk score is 77, indicating it is very walkable, the transit score is 51, indicating good transit, and the bike score is 43, indicating it is somewhat bikeable. The property is being sold "AS-IS".
Key Highlights
- 8,000 sq ft commercial building in Detroit's West Side Fenkell Corridor.
- High visibility and frontage on a major thoroughfare.
- 36 parking spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 48223, MI
22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value
Market
Vacancy Rate% for Industrial in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 8,000 SF commercial building in Detroit's Fenkell Corridor.
Where is this retail space located?
The property is located at 20650 Fenkell Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 8,000 sq ft commercial building in Detroit's West Side Fenkell Corridor.; High visibility and frontage on a major thoroughfare.; 36 parking spaces.
