Listing Agency: Own It Realty s***@ownit2020.com Show Phone

Listed By: Hassan Scheib · License #MI 6502399271

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:36AM

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Investment Insights

Based on property information with market context.

Located at 23850 Fenkell Ave in Detroit, this storefront property includes a fenced parking lot and frontage along Fenkell Avenue. The building is offered for sale and carries B-4 zoning.

The property is near 5 Mile and Telegraph Road, placing the storefront along Fenkell Avenue with on-site parking. Its primary identified features are the storefront configuration, fenced lot, avenue frontage, and commercial zoning.

Key Highlights

• Storefront property at 23850 Fenkell Ave, Detroit, MI 48223
• Zoned B‑4
• Fenced parking lot included

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

265

Businesses Nearby

Under-served

Demand for This Use

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 Retail in Detroit, MI

7.5% 2019

9.2% 2020

8.5% 2021

7.3% 2022

7.9% 2023

7% 2024

7% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - B-4 zoning and a fenced parking area accompany this Fenkell Avenue commercial property.

Where is this storefront property located?

The property is located at 23850 Fenkell Ave Detroit, MI.

What are key features of this property?

This property features: Storefront property at 23850 Fenkell Ave, Detroit, MI 48223; Zoned B‑4; Fenced parking lot included