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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9252 Erwin Ave Detroit, MI 48213

2,400 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,400 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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