3446 Michigan Ave Detroit, MI 48216
- Warehouses
- 1,828 SF
- 0.04 lot acres
Current Use by Public Records
- Eddie's Produce / Produce Wholesaler
Property Details for 3446 Michigan Ave
- Year built
- 1945
- Lot size
- 0.04 lot acres
- Property size
- 1,828 SF
- Zone code
- B4
- Property type
- Warehouses
- APN
- 12000369.
- APU
- 12000369
Description
This exceptional 7,000 square foot retail redevelopment opportunity is ideally situated at the northeast corner of Michigan Avenue and 24th Street in Detroit, Michigan. The property boasts a prime location, benefiting from high traffic counts on Michigan Avenue, a major thoroughfare. Its strategic placement offers exceptional access to major freeways, including I-75 and I-96, ensuring convenient transportation for both customers and employees. Furthermore, the property enjoys proximity to key landmarks, including Michigan Central Station (approximately half a mile away), the Detroit-Windsor border (3 miles), and downtown Detroit (2.2 miles). This presents a unique chance to establish a thriving business in a rapidly developing area. The property is offered as a single-tenant space, providing flexibility for a variety of retail concepts. The building is designated for redevelopment, allowing for customization to suit specific business needs. A land contract is available for qualified buyers. The asking price is available upon request. This is a rare opportunity to acquire a significant retail space in a high-growth area of Detroit. The property's strategic location and redevelopment potential make it an attractive investment for discerning buyers. Serious inquiries are encouraged to explore this promising venture.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0915
- Latitude
- 42.3317
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA