Property summary
This exceptional 3,097 square foot commercial property, located at 17416 Wyoming Ave in Detroit, Michigan, presents a unique investment opportunity. The building, constructed in 1956, features two distinct units: a dedicated office space and a warehouse, offering versatility for a range of businesses. The property sits on a 0.09-acre lot and benefits from a secure rear area. A long-standing construction business has occupied the premises for approximately 25 years, demonstrating its suitability and stability. The B-2 zoning classification provides considerable flexibility, permitting uses such as child care centers, educational facilities, barbershops, retail establishments, and medical clinics. Its advantageous location adjacent to Samuel C. Mumford High School and with convenient access to M-10 freeway ensures high visibility and easy accessibility. The asking price for this well-maintained, two-unit building is $130,000. The property's APN is 16037646-7. This is a rare opportunity to acquire a versatile commercial property in a thriving Detroit neighborhood. The property's two units provide ample space for a variety of business ventures, while the convenient location and flexible zoning offer significant potential for future growth and profitability. Don't miss this chance to own a piece of Detroit's commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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