Listing Agency: Community Choice Realty Inc

Listed By: Sammer Tolla · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:37PM

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Investment Insights

Based on property information with market context.

This retail space is offered for sale with an existing lease in place. The lease may be continued by the purchaser or discontinued, providing flexibility around the property’s occupancy arrangement.

The property is located at 3517 S Fort in Detroit, Michigan 48217.

Key Highlights

• Existing lease may be continued or discontinued by the purchaser
• Retail property at 3517 S Fort, Detroit, MI 48217

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon HVAC Service Spa & Massage Center

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

274

Businesses Nearby

670

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Sunbelt Rentals, Inc. Home Improvements & Furnishings

670 visits/mo 0.1 miles

Demographics for 48217, MI

6,437

Population

3,071

Households

2.1

Avg Household Size

41

Median Age

12%

College-Educated

87%

High-School Grad

2.3 sq mi

ZIP Area

2,799

Density / Sq Mi

$46,671

Median Household Income

$33,727

Median Earnings

$1,083

Median Rent

$45,100

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?

Retail space - An existing lease may continue under new ownership or be ended at the buyer’s discretion.

Where is this retail space located?

The property is located at 3517 S Fort Detroit, MI.

What are key features of this property?

This property features: Existing lease may be continued or discontinued by the purchaser; Retail property at 3517 S Fort, Detroit, MI 48217