3141 Caniff St, Hamtramck, MI 48212
This attractive 4,640 square foot industrial building in Hamtramck, Michigan, presents a unique investment opportunity. Situated on a 0.08-acre lot at 3141 Caniff, the property boasts excellent street exposure, making it ideal for a variety of uses. The main floor offers a spacious, open layout suitable for retail or office space, providing ample room for various business operations. The upper level, currently adaptable for office use, could also be converted back into an apartment, creating a potential live/work scenario. This flexibility allows for multiple tenant occupancy, a single-user operation with diverse business functions, or a combination of both. Recent updates include new windows and fresh paint, enhancing the building's overall appeal and functionality. The property's strategic location offers easy access to major transportation arteries, with convenient proximity to I-75 and I-94, ensuring seamless connectivity for both employees and customers. This prime location, combined with the building's versatility and recent improvements, makes this an exceptional opportunity for investors and businesses seeking a well-maintained and strategically positioned property in a thriving urban area. The building's size and layout offer significant potential for growth and adaptation to meet evolving business needs.
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
Similar Nearby for Lease
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.