13840 Fenkell Ave, Detroit, MI 48227
This 1,493 square foot storefront located at 13840 Fenkell Avenue in Detroit, Michigan, presents a compelling investment opportunity. The property, built in 1929, is classified as a Class C retail building and sits on a 0.09-acre lot (APN 22-011481). Zoned B-2 Business Commercial, it offers significant potential for redevelopment or adaptive reuse. Previously used as an auto repair facility specializing in glass and tire services, the building features three 8' x 10' overhead doors, a highly desirable characteristic for various businesses. Its prominent location on a hard corner at the intersection of Fenkell and Stansbury provides excellent visibility and accessibility. The asking price is $85,000, translating to $56.93 per square foot. This represents an aggressive price point reflecting the seller's motivation to secure a quick sale. The single-story building requires renovation and presents a value-add opportunity for a discerning investor seeking a project with substantial upside potential. The property's history and existing features offer a unique canvas for a creative entrepreneur or investor looking to capitalize on the Detroit market. Serious inquiries are encouraged.
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.