2846 Trumbull St Detroit, MI 48216
- Retail space
- 2,391 SF
- 0.14 lot acres
Current Use by Public Records
- Retail space
Property Details for 2846 Trumbull St
- Year built
- 1915
- Lot size
- 0.14 lot acres
- Property size
- 2,391 SF
- Zone code
- PD
- Property type
- Retail space
- APN
- 06005886.
- APU
- 6005886
Description
This exceptional mixed-use property at 2846 Trumbull Avenue in Detroit, Michigan, presents a compelling investment opportunity. Located directly adjacent to the Motor City Casino, this 2,391 square foot building sits on a substantial 2,391-acre lot. Built in 1915, the property is currently vacant, offering a blank canvas for redevelopment. The asking price is $399,000, translating to $166.88 per square foot. The property's zoning, Special Development District-Mixed Use (SD2), allows for a wide range of uses. Potential projects could include a drive-through restaurant, liquor store, a multi-family building with ground-floor retail space, or a laundromat, among other possibilities. The building's history includes a long-standing operation as a liquor store for over 50 years, although the liquor license is no longer active. This prime location and flexible zoning make this a highly attractive proposition for developers seeking a high-impact project in a vibrant Detroit neighborhood. The property's size and proximity to the Motor City Casino offer significant advantages for attracting customers and maximizing return on investment. This is a rare chance to acquire a substantial property in a high-traffic area with immense potential for future growth. The property's address is 2846 Trumbull, Detroit, MI 48216.
Value Estimation
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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
- -83.0702
- Latitude
- 42.3379
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
