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Retail Storefront Multi-Purpose Space
For Sale
$42,000

2950 Puritan St, Detroit, MI 48238

Small retail space with lobby and restroom, suited for a variety of neighborhood-oriented concepts.

Property Size1,029 SF
Days on Market49

Property Features for 2950 Puritan St

General Information

Standard status Active
Size 1,029 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,343

Building Details

Building Size 1,029 SF
Year Built 1949
Listing Agency: Real Estate One-Southfield
Listed By: Gene Kelley II · License #6501293908
Source: Elliman
Added: Jul 4 Changed: Aug 14 Last Checked: Aug 21 at 9:03AM

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 Real Estate One-Southfield

Investment Insights

Based on property information with market context.

This property is a small retail storefront multi-purpose space featuring a lobby and a restroom, along with additional areas that may support a range of business uses. The structure is described as needing some TLC, while the “bones” are indicated to be in place.

The offering is positioned on a high-traffic street on the West Side of Detroit. Public remarks also note that the area is car-dependent with good transit, based on the provided Walk Score, Bike Score, and Transit Score.

For small business owners, the layout provides a practical starting point for retail or service operations that benefit from customer-facing space. For developers and investors, the property is being sold in its current condition and includes scope for improvements, with the sale subject to probate court approval.

Key Highlights

  • Small retail multi‑purpose space with lobby and restroom
  • Built in 1949
  • Sale subject to probate court approval

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Bakery Cafe & Coffee Shop Furniture & Home Goods

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

461
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Dining 14%
Citgo Shops & Services
5,242 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
4,637 visits/mo 0.2 miles
Citgo Shops & Services
4,296 visits/mo 0.4 miles
BP Shops & Services
4,142 visits/mo 0.5 miles
Sunoco Shops & Services
4,122 visits/mo 0.5 miles

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Small retail space with lobby and restroom, suited for a variety of neighborhood-oriented concepts.
Where is this storefront property located?
The property is located at 2950 Puritan St Detroit, MI.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: Small retail multi‑purpose space with lobby and restroom; Built in 1949; Sale subject to probate court approval
More about this property
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