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    3511 Ft St Unit Detroit, MI 48217

    For Lease
    $17 SF/Yr ($4,816 /Mo)

    Prime 2,000 SF Retail Space Available

    Lot size:
    3,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail opportunity is located at 3511-3517 S. Fort Street, Unit #3517, in Detroit, Michigan. The property boasts 2,000 square feet of immediately available space within a larger 3,322 square foot building, situated on a 0.26-acre lot. The building, constructed in 1961, is a single-story Class C structure with 220-volt, 3-phase power, making it suitable for a variety of retail uses. The space is part of a multi-tenant building, offering excellent visibility and accessibility. The property's zoning is B-4, and its Wayne County APN is 20015159-68. The location benefits from its proximity to W. Outer Drive, placing it at a busy intersection with high traffic volume, ideal for attracting customers. This is a rare chance to secure a well-positioned retail space in a thriving Detroit neighborhood. The minimum divisible space is 2,000 square feet, and the maximum contiguous space available is also 2,000 square feet. This presents a fantastic opportunity for businesses seeking a prominent location with significant foot traffic and excellent visibility. The property's address is 3511-3517 S. Fort Street, Unit #3517, Detroit, MI 48217.

    Property Features for 3511 Ft St Unit

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,322 SF
    Class
    C
    Total Rate
    4816.9

    Building Details

    Year Built
    1961
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 3517
    Size
    2,000 SF
    Rate per SF
    $17

    HighLights

    • 2,000 SF available retail space in a 3,322 SF building on a 0.26‑acre lot.
    • Zoned B‑4.
    • Built in 1961; single‑story Class C construction with 220‑volt, 3‑phase power.
    • Located at 3511‑3517 S. Fort St, Unit #3517, Detroit, MI 48217, at a high‑traffic intersection near W. Outer Drive.
    • Gross lease rate: $2,900/month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    L.A. Insurance Insurance Agency Shred Nations Shredding Service

    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
    -83.1663447
    Latitude
    42.2623042

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    FAQs

    What type of property is this?
    Retail property - Prime 2,000 SF Retail Space Available
    Where is this retail property located?
    The property is located at 3511 Ft St Unit Detroit, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF available retail space in a 3,322 SF building on a 0.26-acre lot.; Zoned B-4.; Built in 1961; single-story Class C construction with 220-volt, 3-phase power.
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    3511 Ft St Unit Detroit, MI 48217
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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
    3511 Ft St Unit Detroit, MI 48217
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