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Detroit Retail Opportunity
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5317 Chene St, Detroit, MI 48211

Retail space available in Detroit, Michigan.

Property Size6,016 SF
Price / SF$5.82
Days on Market707

Property Features for 5317 Chene St

General Information

Standard status Active
Size 6,016 SF
Property subtype Retail
Zoning B4

Building Details

Year Built 1900
Buildings 1
Stories 1
Listing Agency: Signature Associates Southfield
Listed By: Joe Stack · License #MI
Source: Crexi
Added: Sep 24, 2024 Changed: Aug 31 Last Checked: Aug 30 at 8:30PM

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 Signature Associates Southfield

Investment Insights

Based on property information with market context.

This retail space is located in Detroit, Michigan. The property offers 6016 square feet of space. Exterior showings are permitted.

Key Highlights

  • Year Built: 1900, a historic property

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Hair Salon

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

218
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
5,682 visits/mo 0.4 miles

Demographics for 48211, MI

5,447
Population
2,518
Households
2.2
Avg Household Size
32
Median Age
16%
College-Educated
74%
High-School Grad
4.2 sq mi
ZIP Area
1,297
Density / Sq Mi
$33,347
Median Household Income
$23,172
Median Earnings
$985
Median Rent
$66,900
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Detroit, Michigan.
Where is this retail space located?
The property is located at 5317 Chene St Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Year Built: 1900, a historic property
(248) 359-0615 Call to check price and availability
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