14108 Houston Whittier St Detroit, MI 48205-4050
Property summary
This exceptional 1,640 square foot retail property, located at 14108 Houston Whittier St, Detroit, MI 48205, presents a unique investment opportunity. The single-story building, constructed in 1947 and extensively renovated in 2022, sits on a 0.09-acre lot and is zoned B4. Currently configured as a turn-key dispensary, this space offers immediate income potential. The high-density neighborhood ensures a steady flow of potential customers. The asking price is $350,000, translating to $213.41 per square foot. This property is ideal for an investor seeking a profitable, established business or an entrepreneur looking for a ready-to-operate retail space in a thriving Detroit location. The building's recent renovation ensures modern amenities and functionality. The property's location in Wayne County provides easy access to major transportation routes and a diverse customer base. This is a rare chance to acquire a well-maintained, high-performing retail space in a desirable area of Detroit. Don't miss this opportunity to own a piece of Detroit's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store Department Store
Value estimations
Owner & transaction history
Zoning & alternative use
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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