Listing Agency: Mid-America Real Estate - Michigan, Inc.

Listed By: Brad Rosenberg · License #6501204147

Source: Crexi

Added: Jul 10, 2024 Changed: Aug 10 Last Checked: Aug 21 at 8:16PM

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Investment Insights

Based on property information with market context.

A 3,000 square foot retail space is available for sale in Detroit, Michigan.

Key Highlights

• No property information provided.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

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

373

Businesses Nearby

14k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Valero Energy Shops & Services

5,304 visits/mo 0.4 miles

Citgo Shops & Services

4,495 visits/mo 0.4 miles

Sunoco Shops & Services

4,332 visits/mo 0.4 miles

Demographics for 48219, MI

46,811

Population

20,815

Households

2.2

Avg Household Size

37

Median Age

13%

College-Educated

87%

High-School Grad

8.4 sq mi

ZIP Area

5,573

Density / Sq Mi

$43,882

Median Household Income

$31,187

Median Earnings

$1,037

Median Rent

$84,500

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for purchase in Detroit, Michigan.

Where is this retail space located?

The property is located at 21613 Eight Mile Rd Detroit, MI.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: No property information provided.