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    632 Harper Ave Detroit, MI 48202

    For Sale
    $1,950,000

    36,000 SF Office Building - $1.95M

    Property size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 36,000 square foot office building, located at 632 Harper Avenue in Detroit, Michigan, presents a unique owner-user investment opportunity. Priced at $1,950,000 ($54.17 per square foot), this single-tenant property boasts convenient access and desirable features. The building is zoned M-3, offering flexibility for a variety of commercial uses. Ample parking is available on-site, complemented by convenient access to public transportation. The property includes one 8x10 grade-level door and one truckwell, enhancing logistical capabilities. Its strategic location in the historic Milwaukee Junction neighborhood places it within walking distance of the vibrant New Center area and the Qline rail system. Furthermore, its proximity to Wayne State University and Downtown Detroit provides exceptional connectivity and visibility. This is an ideal opportunity for a business seeking a substantial, well-located office space in a rapidly developing area of Detroit. The property's size, zoning, and location combine to create a compelling investment prospect. Serious inquiries are encouraged.

    Property Features for 632 Harper Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    36,000 SF

    HighLights

    • 36,000 SF Available for Sale
    • One 8'x10' grade‑level door and one truck well
    • M‑3 Zoning
    • Abundant on‑site parking
    • Located in the Historic Milwaukee Junction
    • Walkable to New Center and QLine
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michigan Paper Die, ... Machine Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0613903
    Latitude
    42.3680762

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    FAQs

    What type of property is this?
    Office Property / Space - 36,000 SF Office Building - $1.95M
    Where is this office property / space located?
    The property is located at 632 Harper Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 36,000 SF Available for Sale; One 8'x10' grade-level door and one truck well; M-3 Zoning
    Request Owner's contact information
    632 Harper Ave Detroit, MI 48202
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    Detroit, MI 48202
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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
    632 Harper Ave Detroit, MI 48202
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