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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7410 Kercheval Ave Detroit, MI 48214

35,700 SF Built 2022
Property ID
Property summary
AI-generated overview

The Townsend, a brand-new, three-story retail building (2022 construction) located at 7410 Kercheval, SE Corner of Kercheval and Townsend, offers exceptional storefront and restaurant space in the vibrant Islandview neighborhood of Detroit, Wayne County. This Class B building, APN 17-0001412, boasts a total of 35,700 square feet, with 9,000 square feet currently available. Units start at 1,200 square feet and feature large storefront windows, dual entrances from Kercheval Avenue, and ample onsite parking. The building is zoned B4 and includes an elevator. Its prime location benefits from the City of Detroit's Park Streetscape Program, enhancing pedestrian access and visibility. The Townsend is part of a mixed-use development, situated at the entrance to the Villages, and enjoys a thriving neighborhood with nearby businesses including The Empowerment Plan, Sister Pie, Belle Isle, Red Hook, Marrow, Butzel Family Recreation Center, Saint Charles, Two Birds, Faircloth, Eugenie, Metropolitan Bar + Kitchen, and Yum Village. The property offers both onsite and non-metered street parking, providing convenient access for customers and employees. Patio dining options are available for restaurant tenants. This is a unique opportunity to establish a presence in a rapidly growing and desirable area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 35,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Detroit Antiques Art & Design Gallery Home Goods Store Art Gallery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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