Property summary
This exceptional Detroit commercial property, located at 15031 Wyoming Ave, offers a compelling investment opportunity. The property encompasses a total of 5,500 square feet of building space, spread across multiple addresses (15031, 15025, 15021, and 15017 Wyoming Ave) and includes a sizable parking lot. The combined building space provides two generous retail and service shop opportunities, ideal for a variety of businesses. Built in 1946, the property sits on a 0.08-acre lot and is zoned Commercial B-2, ensuring flexibility for diverse commercial uses. The asking price is $355,097, translating to a price per square foot of $65. This represents a strong value proposition given the property's size, location in Detroit, Michigan (zip code 48238, Wayne County), and the potential for significant rental income or owner-occupied business operations. The property's prime location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. Don't miss this chance to acquire a well-positioned commercial property in a thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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