Current Use by Public Records
- Warehouses
Property Details for 23261 Fenkell Ave
- Year built
- 1927
- Lot size
- 0.80 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Class A industrial property, located at 23261 Fenkell Avenue in Detroit, Michigan, presents a unique investment opportunity. Boasting 10,772 square feet of versatile flex space, suitable for manufacturing, warehousing, or showroom purposes, this property sits on a sizable 0.8-acre lot. Built in 1927, the building benefits from a recently replaced roof covering half its area, offering immediate equity potential. The property is currently vacant, providing flexibility for immediate occupancy and customization. Its strategic location on Fenkell Avenue, just east of Telegraph, ensures high visibility and accessibility, ideal for businesses seeking high traffic exposure. The asking price is $237,500, translating to a price per square foot of $22.00. The property is zoned for commercial use, and includes a vacant corner lot, adding further development potential. This is an excellent opportunity to acquire a substantial industrial space in a prime Detroit location at a competitive price. The property's size and versatility make it suitable for a wide range of businesses seeking a well-located and functional space. Don't miss this chance to capitalize on this promising investment.
Value Estimations
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AI approach
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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
- -83.268
- Latitude
- 42.4
