Property profile

13840 Fenkell Ave Detroit, MI 48227

OFF-MARKET
Retail properties & Spaces
1,493 SF 0.09 ac lot Built 1929
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1929
Total area 1,493 SF
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13840 Fenkell Ave Detroit, MI 48227
Detroit metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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