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Redevelopment Land with Restaurant
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42 Piquette Ave, Detroit, MI 48202

Restaurant and bar on redevelopment land near Wayne State Campus and the QLine Station.

Property SizeContact for details
Lot Size0.67 Acres
Days on Market125

Property Features for 42 Piquette Ave

General Information

Standard status Active
Lot size 0.67 Acres
Property subtype Retail, Land

Additional Details

Business Included Yes
Listing Agency: L. Mason Capitani
Listed By: Jason Capitani, SIOR, CCIM · License #MI 6502137804
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:22PM

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 L. Mason Capitani

Investment Insights

Based on property information with market context.

A successful restaurant/bar is situated on redevelopment land totaling about 0.67 acres. The offering includes the operating food and beverage concept positioned for redevelopment opportunities.

The property is located at 42 Piquette Ave in Detroit, within walking distance of Wayne State Campus and the QLine Station on Woodward.

This configuration can support a range of redevelopment directions consistent with the property’s current restaurant/bar presence and its location near campus and transit, with potential uses noted as student housing, retail, dining, or specialty use.

Key Highlights

  • Restaurant and bar on 0.67 acres of redevelopment land
  • Located within walking distance of Wayne State University Campus
  • Near the QLine Station on Woodward

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Grocery & Convenience Store Kitchen & Bath Showroom Auto Parts Store Bakery HVAC Service Plumbing Service

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

2,410
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 27% Apparel 18%
White Castle Dining
14,009 visits/mo 0.2 miles
BP Shops & Services
12,413 visits/mo 0.0 miles
BP Shops & Services
11,542 visits/mo 0.3 miles
Carhartt Apparel
11,364 visits/mo 0.2 miles
Citizens Bank Shops & Services
5,642 visits/mo 0.5 miles

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
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
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Similar Off Market Nearby

  • Comerica TasteFest 3011 W Grand Blvd, Detroit, MI 48202
  • BLVD Lounge 3071 E Grand Blvd, Detroit, MI 48202
  • Time Will Tell 6408 Woodward Ave, Detroit, MI 48202
  • The Norwood 6531 Woodward Ave, Detroit, MI 48202
  • Northern Lights Lounge 660 W Baltimore St, Detroit, MI 48202

Frequently Asked Questions

What type of property is this?
Bar & Pub - Restaurant and bar on redevelopment land near Wayne State Campus and the QLine Station.
Where is this bar & pub located?
The property is located at 42 Piquette Ave Detroit, MI.
What are key features of this property?
This property features: Restaurant and bar on 0.67 acres of redevelopment land; Located within walking distance of Wayne State University Campus; Near the QLine Station on Woodward
(586) 212-5270 Call to check price and availability
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