7455 Fenkell Ave Detroit, MI 48238
- Specialty properties
- 1,600 SF
Current Use by Public Records
- Specialty properties
Property Details for 7455 Fenkell Ave
- Year built
- 1948
- Property size
- 1,600 SF
- Property type
- Specialty properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1459
- Latitude
- 42.4024
