16247 Hamilton Ave, Highland Park, MI 48203
For Lease
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This 3,772 square foot, single-tenant, freestanding building at 16247 Hamilton Ave in Highland Park, MI, presents a unique investment opportunity. Built in 1936, this Class C property sits on a 6,970 square foot lot and offers significant potential for a variety of uses. Currently vacant, the building is zoned for mixed use, making it ideal for retail, office, or other commercial ventures. The property's location is highly advantageous, situated on Hamilton Ave between Hamilton Ave & Puritan Ave, just west of Woodward Ave and south of McNichols Rd. This prime location provides immediate access to major freeways including M-10/The Lodge Freeway and Davison Freeway, with I-75 also conveniently nearby. The building's proximity to downtown Detroit further enhances its appeal. The property's versatility allows for diverse uses such as a daycare center, restaurant, office space, workshop, showroom, kennel, trade school, studio, or community center. An adjacent property at 16253 Hamilton Ave (2,040 SF) is also available for purchase or lease, offering a combined total of 5,812 square feet for larger-scale operations. This is a rare opportunity to acquire a well-located, adaptable building in a growing submarket.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.