7001 Fenkell Ave Detroit, MI 48238
- Retail properties
- 4,848 SF
Current Use by Public Records
- Retail properties
Property Details for 7001 Fenkell Ave
- Property size
- 4,848 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 7001 Fenkell Ave in Detroit, Michigan, presents a unique investment opportunity. The 4,848 square foot building sits on a 6,001 square foot lot (60' x 100') and is zoned B2. Its versatile nature allows for a variety of uses, including convenience store, restaurant, and traditional office space, making it an attractive option for multiple business ventures. The asking price is $39,500, translating to $8.15 per square foot. This prime location within the bustling Fenkell-Livernois corridor offers excellent visibility and accessibility. Its proximity to the Lodge Freeway and the University of Detroit-Mercy ensures high traffic volume and a diverse customer base. The property's size and zoning provide ample opportunity for expansion or adaptation to suit specific business needs. This is a rare chance to acquire a well-situated commercial property in a thriving Detroit neighborhood, offering significant potential for growth and return on investment. The city of Detroit owns the property. The property's address is 7001 Fenkell Ave, Detroit, MI 48238.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1413
- Latitude
- 42.4027
