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    415 Clifford St Detroit, MI 48226

    Sponsored
    For Lease
    $40 SF/Yr

    6,895 SF Multi-Use Building in Detroit

    Lot size:
    6,895 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,895 square foot commercial property, located at 415 Clifford St, Detroit, MI 48226, presents a unique investment opportunity. The building is currently entirely vacant, offering a blank canvas for a single tenant or the potential for multiple tenants given its adaptable layout suitable for retail, office, or restaurant uses. Classified as a strip center, multifamily, and restaurant space, this versatile property boasts significant flexibility. The entire 6,895 square feet is available, providing ample space for a large-scale operation or the possibility of subdividing (subject to feasibility studies and necessary approvals). Situated in Detroit, Michigan, this property benefits from its strategic location, offering excellent visibility and accessibility. The property's latitude and longitude coordinates are 42.3345843, -83.0524565, allowing for easy location verification and mapping. This is an ideal opportunity for businesses seeking a substantial footprint in a dynamic urban setting. The property's size and versatility make it suitable for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this prime Detroit commercial real estate offering. The property is ready for immediate occupancy. All interested parties should conduct their own due diligence.

    Property Features for 415 Clifford St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,895 SF
    Total Rate
    22983.33

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    6,895 SF
    Rate per SF
    $40

    HighLights

    • 6,895 SF divisible space, suitable for retail, restaurant, or office use.
    • Ground floor retail space in an 89‑unit, fully occupied, newly renovated apartment building.
    • Corner location at Clifford Street and Bagley Avenue.
    • Two‑block walk to Grand Circus Park and Capital Park.
    • Four‑block walk to Campus Martius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wayne County Public ... County Government Office Wayne County Technology ... County Government Office Wayne County Engineering ... County Government Office Spice Grill Detroit Bar Philip Houze Apartments Apartment Building

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0524565
    Latitude
    42.3345843

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    FAQs

    What type of property is this?
    Neighborhood center - 6,895 SF Multi-Use Building in Detroit
    Where is this neighborhood center located?
    The property is located at 415 Clifford St Detroit, MI.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 6,895 SF divisible space, suitable for retail, restaurant, or office use.; Ground floor retail space in an 89-unit, fully occupied, newly renovated apartment building.; Corner location at Clifford Street and Bagley Avenue.
    Request Owner's contact information
    415 Clifford St Detroit, MI 48226
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    Detroit, MI 48226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 Clifford St Detroit, MI 48226
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