3239 Puritan Ave, Detroit, MI 48238
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.