14131 Fenkell Ave Detroit, MI 48227
This exceptional commercial property, located at 14131 Fenkell Ave in Detroit, Michigan, presents a compelling investment opportunity. The property boasts a substantial 7,420 square feet of retail space, ideally situated on a 0.18-acre lot in Wayne County, zip code 48227. Built in 1949, this single-story building is zoned for commercial use, offering significant flexibility for a variety of businesses. The asking price is $370,000, translating to a price per square foot of $50. The property's convenient location and ample square footage make it an attractive prospect for entrepreneurs and investors alike. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The property's existing infrastructure provides a solid foundation for immediate occupancy or potential redevelopment, aligning perfectly with the needs of a diverse range of commercial ventures. This is a rare opportunity to acquire a well-positioned retail space in a thriving Detroit neighborhood. The property's size and zoning provide a strong base for a variety of commercial uses, making it an ideal investment for those seeking a high-return opportunity in a dynamic market. The adjacent parking lot adds significant value and convenience for potential tenants or customers. Don't miss this chance to secure a piece of Detroit's vibrant commercial landscape.
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
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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.