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    OFF-MARKET
    Retail properties & Spaces

    55 Columbia St, Detroit, MI 48201

    200,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail and restaurant space, located at 55 W Columbia St in Detroit, MI 48201, offers 4,400 square feet of vacant space within a larger 200,000 square foot, four-story building. The property is situated in a vibrant downtown location, ideal for a variety of restaurant concepts. The single-tenancy space presents a unique opportunity for a business seeking high visibility and accessibility. Given its location, the property benefits from significant foot traffic and proximity to other established businesses. While the building itself does not offer on-site parking, the area provides ample public parking options. The space is a former restaurant, offering a ready-made layout and infrastructure for a quick and efficient setup. The surrounding area is undergoing revitalization, with nearby businesses currently under construction, promising increased foot traffic and a thriving commercial environment in the near future. This is a rare opportunity to establish a presence in a rapidly developing section of Detroit's downtown core. The property's size and location make it suitable for a variety of restaurant concepts, from casual dining to upscale establishments. The address is 55 W Columbia St, Detroit, MI 48201.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 200,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The M Den Detroit (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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