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Property profile & analytics

3239 Puritan Ave Detroit, MI 48238

  • Retail properties
  • 1,980 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 3239 Puritan Ave

Property size
1,980 SF
Property type
Retail properties
Property subtype
Bars

Description

This exceptional Detroit property presents a unique investment opportunity, encompassing a versatile 1,980 square foot building situated on a 3,300 square foot lot. The single-story structure is zoned B2, offering flexibility for a variety of uses. Currently configured as a bar, convenience store, and traditional office space, this property boasts significant potential for diverse income streams. Located in the vibrant Pilgrim Village neighborhood, the property enjoys convenient access to major thoroughfares, including the Lodge and Davison Freeways, ensuring high visibility and accessibility. Its proximity to the University of Detroit Mercy further enhances its appeal. The asking price is $15,000, translating to a price per square foot of $7.58. The address is 3239 Puritan Avenue, Detroit, Michigan, 48238. This is a rare chance to acquire a well-positioned mixed-use property in a thriving Detroit neighborhood, offering immediate income potential and long-term growth prospects. The city of Detroit owns the property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1336
Latitude
42.41
More about this property
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