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    OFF-MARKET
    Retail space

    19151 Kelly Rd, Grosse Pointe, MI 48224-1009

    3,120 SF 0.06 ac lot Built 1953
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-0355070
    Property summary
    AI-generated overview

    This exceptional mixed-use investment opportunity presents a 3,120 square foot storefront property located at 19133-19151 Kelly Road in Detroit, Michigan, 48224. The property, built in 1953, consists of four units within a single, one-story building and sits on a high-traffic corner lot. The asking price is $479,040, translating to $153.54 per square foot. Its prime location offers excellent visibility and accessibility, boasting proximity to the I-94 freeway and the Eastland shopping center. The property is zoned for commercial use, making it ideal for a variety of businesses. This income-producing property is situated in a desirable area bordering the cities of East Point and Harper Woods, ensuring a strong potential for rental income and future appreciation. The property's size and location make it a compelling investment for both seasoned investors and those seeking a strong entry point into the Detroit commercial real estate market. The address encompasses four individual addresses: 19133, 19143, 19147, and 19151 Kelly Road. This is a rare opportunity to acquire a well-positioned, multi-unit commercial property in a thriving area of Detroit.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1953
    Total area 3,120 SF
    Lot 0.06 ac (2,614 SF)
    Zoning code B4
    APN 21057216.
    UPID US43-0355070
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Laiba Enterprise INC
    Laiba Enterprise INC
    since 2025
    7 recorded transactions
    2025
    $155,000
    2025
    $50,000
    2021
    2018
    $15,000
    2018
    2014
    $23,800
    2014
    Zoning & alternative use
    B4 · Grosse Pointe, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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