9252 Erwin Ave Detroit, MI 48213
This vacant retail building in Detroit, MI (9252 Erwin Ave, 48213) offers a remarkable investment opportunity. The 2,400-3,200 square foot property includes a former convenience store and grocery store, featuring coolers, shelves, and a bulletproof counter, all included in the sale. Security cameras are installed. The building also boasts a three-bedroom apartment upstairs requiring renovation, presenting additional income potential. The property's prime location near major employers like GM, Chrysler, and Universal Logistics, along with its proximity to key transportation hubs, ensures high foot traffic and consistent customer flow. The area is undergoing redevelopment, promising future growth. The asking price is $75,000. Note: Inventory and licenses are not included in the sale. This is a chance to own a retail building in a rapidly developing Detroit neighborhood. The kitchen area adds versatility to the main retail space. The property is conveniently located a short drive from Chrysler Transport, Universal Logistics, GM Factory Zero, DWSD, and Coleman Young Airport.
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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
Similar Nearby for Lease
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.