15031 Wyoming Ave Detroit, MI 48238
- Retail properties
- 5,500 SF
- 0.08 lot acres
Current Use by Public Records
- Retail properties
Property Details for 15031 Wyoming Ave
- Year built
- 1946
- Lot size
- 0.08 lot acres
- Property size
- 5,500 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1598
- Latitude
- 42.4008