Building Details

Year Built 1953

Buildings 1

Stories 1

Tenancy Multi

Listing Agency: Signature Associates Warren j***@signatureassociates.com Show Phone

Listed By: Joe Stack · License #MI

Source: Crexi

Added: Feb 28, 2024 Changed: Aug 21 Last Checked: Aug 22 at 3:51AM

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Investment Insights

Based on property information with market context.

A retail space encompassing 2,156 square feet is available for purchase. The property is located in Detroit, Michigan.

Key Highlights

• Established property built in 1953.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

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

280

Businesses Nearby

39k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 83% Dining 17%

BP Shops & Services

11,589 visits/mo 0.1 miles

Dollar Tree Shops & Services

9,985 visits/mo 0.4 miles

KFC Dining

6,653 visits/mo 0.2 miles

Dollar General Shops & Services

6,496 visits/mo 0.1 miles

Sunoco Shops & Services

4,572 visits/mo 0.5 miles

Demographics for 48228, MI

53,893

Population

22,620

Households

2.4

Avg Household Size

31

Median Age

11%

College-Educated

78%

High-School Grad

8.9 sq mi

ZIP Area

6,055

Density / Sq Mi

$31,485

Median Household Income

$27,533

Median Earnings

$1,086

Median Rent

$55,100

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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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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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 18201 Joy Rd Detroit, MI.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: Established property built in 1953.