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Multi-Unit Retail Property
For Sale
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Pending

5847 5841 5821 Second, Detroit, MI 48202

Multi-unit retail property offered for sale totaling 17,500 square feet.

Property Size17,500 SF
Days on Market18

Property Features for 5847 5841 5821 Second

General Information

Standard status Pending
Size 17,500 SF
Property subtype Retail, Multifamily, Hospitality, Mixed Use
Listing Agency: Summit Commercial LLC
Listed By: Bunia Parker · License #MI 6502357630
Source: Crexi
Added: Jul 21 Changed: Jul 23 Last Checked: Aug 5 at 1:34PM

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 Summit Commercial LLC

Investment Insights

Based on property information with market context.

This for-sale retail property consists of multiple units and totals 17,500 square feet. It is positioned as a retail investment opportunity for buyers seeking a multi-tenant retail format.

The property address is 5847, 5841, and 5821 Second in Detroit, Michigan 48202.

Key Highlights

  • Retail property offered for sale totaling 17,500 SF.
  • Multi‑unit retail building with 17,500 square feet of space.

Property Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

3,587
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 6% Electronics 3%
Family Dollar Shops & Services
8,807 visits/mo 0.2 miles
Citgo Shops & Services
6,019 visits/mo 0.1 miles
Citizens Bank Shops & Services
5,642 visits/mo 0.3 miles
Mobil Shops & Services
4,652 visits/mo 0.5 miles
Huntington Bank Shops & Services
2,391 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-unit retail property offered for sale totaling 17,500 square feet.
Where is this retail space located?
The property is located at 5847 5841 5821 Second Detroit, MI.
What are key features of this property?
This property features: Retail property offered for sale totaling 17,500 SF.; Multi‑unit retail building with 17,500 square feet of space.
(313) 872-1300 Call to check price and availability
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