Property summary
This exceptional freestanding retail property at 220 W Congress St in Downtown Detroit, Michigan offers a unique opportunity for businesses seeking high-visibility space in a vibrant urban setting. Located in Wayne County, this property features a flexible layout with a minimum divisible space of 1,783 square feet and a maximum contiguous space of 5,433 square feet. Currently, the entire 5,433 square feet is vacant, presenting a blank canvas for a single tenant or the potential for multiple tenants. The building's freestanding nature ensures excellent street frontage and high visibility for maximum brand exposure. The address, 220 W Congress St, places the property in the heart of Downtown Detroit, benefiting from high foot traffic and proximity to numerous amenities and businesses. This prime location offers unparalleled access to a diverse customer base and strong potential for growth. The property's size and configuration make it suitable for a wide range of retail uses, from flagship stores to smaller boutiques. The opportunity to lease the entire space or divide it to suit specific needs provides exceptional flexibility. This is an ideal location for businesses seeking a prominent presence in a thriving urban market. The zip code is 48226. Serious inquiries are encouraged to explore this exceptional retail opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Consultant Business Networking Company
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Consultant
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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) B4 General Business District. (5)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
B5 · Detroit, MIBusiness 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) B4 General Business District. (5)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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) B4 General Business District. (5)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B5 in Detroit, MI.
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