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Property profile & analytics
OFF-MARKET
Specialty properties

7455 Fenkell Ave Detroit, MI 48238

1,600 SF Built 1948
Property ID
Property summary
AI-generated overview

This 1,600 square foot, single-story commercial building, located at 7455 Fenkell Ave, Detroit, MI 48238, presents a unique investment opportunity. Priced at $250,000 ($156.25/sq ft), this vacant property offers significant potential. Built in 1948 and renovated in 2016, the building sits on a 3,000 square foot lot and is zoned for commercial use. The interior boasts a versatile layout currently configured as a club, featuring a central bar, ample seating, a dance floor, a kitchen area, separate men's and women's restrooms, an office, and storage space. The 10-foot ceilings add to the spacious feel. The property is 100% owner-occupied and is being sold as-is. This turnkey operation is ready for immediate use or creative redevelopment to suit a variety of entertainment concepts. The seller is open to discussing creative financing options to assist with closing costs. All showings require pre-arranged appointments.

Property profile
Verified
Property type Specialty properties
Year built 1948
Total area 1,600 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
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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