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Fenkell Avenue Commercial Opportunity
For Sale
Contact for pricing
Pending

23261 Fenkell Ave, Detroit, MI 48223

High-traffic location suitable for showroom, retail, or warehouse use.

Property Size10,772 SF
Lot Size0.99 Acres
Days on Market1350

Property Features for 23261 Fenkell Ave

General Information

Standard status Pending
Size 10,772 SF
Class A
Lot size 0.99 Acres
Property subtype Industrial
Zoning Commercial

Building Details

Year Built 1927
Listing Agency: Exp Realty, LLC
Listed By: Fadi Dabaja · License #6506045188
Source: Crexi
Added: Dec 14, 2022 Changed: Aug 12 Last Checked: Aug 22 at 9:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty, LLC

Investment Insights

Based on property information with market context.

This commercial property on Fenkell Avenue, located just east of Telegraph, presents an opportunity for various business ventures. The property features over 10,000 square feet of space on almost an acre of land. The site is suitable for conversion into a showroom or retail strip. The property could also serve as warehouse or storage space. A corner vacant lot is included. A new roof has been installed on half of the building.

Key Highlights

  • Large 10,000+ sqft building on almost an acre.
  • Price less than $50/sqft.
  • High traffic location on Fenkell, east of Telegraph.

Property Analytics

Current Use

Showrooms

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon 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

265
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48223, MI

22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Showroom - High-traffic location suitable for showroom, retail, or warehouse use.
Where is this showroom located?
The property is located at 23261 Fenkell Ave Detroit, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Large 10,000+ sqft building on almost an acre.; Price less than $50/sqft.; High traffic location on Fenkell, east of Telegraph.
(313) 600-6189 Call to check price and availability
More about this property
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