1904 Springwells St Detroit, MI 48209
Property Features for 1904 Springwells St
General Information
- Property type
- Retail properties
- Square Feet
- 10,000 SF
- Lot Size
- 3,485 SF
Building Details
- Year Built
- 1924
- Stories
- 2
- Units
- 4
Listing Agency: Thomas Duke Company Listing Agent: Andrew Battersby
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property at 1904-1912 Springwells Street in Detroit, Michigan, presents a compelling investment opportunity. The 10,000 square foot building, constructed in 1924, boasts a charming two-story design and sits on a 0.08-acre lot (Wayne County, APN 20-005170). The property is zoned B4 - General Zoning District. The first floor comprises approximately 5,000 square feet of retail space, currently divided into four units. One unit is occupied by U.S. Gold Exchange, with a lease potentially transferable to a new owner. The remaining retail space will be vacant upon sale. The second floor offers another 5,000 square feet, previously configured as four apartment units, presenting significant upside potential for redevelopment. The building includes eight parking spaces located at the rear. The asking price is $450,000, translating to a land value of $45 per square foot. This property offers a unique blend of established tenancy and substantial renovation opportunities, promising strong income generation for a savvy investor. The property's location in Detroit, Michigan, zip code 48209, provides excellent access to the city's vibrant commercial landscape.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Planet Rock Music
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1252337
- Latitude
- 42.3090307
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Detroit Retail Building, High Potential
Where is this retail property located?
The property is located at 1904 Springwells St Detroit, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 10,000 SF mixed-use building in Detroit, MI.; 5,000 SF of ground floor retail space, divided into four units.; 5,000 SF of second-floor space, previously configured as four apartments.