Property summary
The property is a fully renovated, flexible commercial space totaling 3,100 SF, combining warehouse functionality with creative office buildout. The interior open-plan layout includes epoxied concrete floors, LED warehouse lighting, a kitchenette, a half bath, a reception/lounge area, and a built-out podcast studio, along with a rear roll-up garage door for loading or service access. Exterior and building systems features include a replaced roof, rooftop HVAC, and dedicated rear parking, with additional public parking available along the frontage. The property is zoned B2 and is located just west of Marygrove College in Detroit’s Fitzgerald neighborhood, within the Live6 corridor area, and it is positioned to serve occupants seeking access to nearby development. Public transit and pedestrian/bike accessibility indicators include a bike score of 41, a walk score of 53, and a transit score of 49.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
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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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Detroit market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B2 · Detroit, MIity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Detroit, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning