Building Details

Tenancy Single

Listing Agency: ICONIC Real Estate

Listed By: Jacob Sworski · License #MI Show Phone

Source: Crexi

Added: May 21, 2021 Changed: Sep 6 Last Checked: Sep 7 at 12:17PM

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Investment Insights

Based on property information with market context.

This property offers 7,000 square feet of retail space. It is located on Michigan Avenue in Detroit, MI.

Key Highlights

• Retail Property
• 7,000 SF

Property Analytics

Property Profile

Current Use

Eddie's Produce Agricultural Supply

Suggested Use

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

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

390

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Petroleum Shops & Services

6,050 visits/mo 0.2 miles

Demographics for 48216, MI

5,031

Population

3,398

Households

1.5

Avg Household Size

35

Median Age

37%

College-Educated

87%

High-School Grad

2.3 sq mi

ZIP Area

2,187

Density / Sq Mi

$42,278

Median Household Income

$42,189

Median Earnings

$860

Median Rent

$225,300

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - 7,000 SF retail space for sale.

Where is this retail space located?

The property is located at 3446 Michigan Ave Detroit, MI.

What are key features of this property?

This property features: Retail Property; 7,000 SF