2417 Denton St Hamtramck, MI 48212
This exceptional 3,500 square foot restaurant property, located at 2417 Denton Street in Hamtramck, Michigan, presents a rare investment opportunity. Built in 1914 and renovated in 2010, this building boasts a strong net operating income (NOI) of $20,000. Situated on a 0.1-acre lot (APN 41001010089000), the property benefits from flexible Commercial, Multiple, Office, and Residential zoning, offering diverse potential uses. Previously an auto shop, the space is adaptable for various concepts, including event spaces, studios, retail, or manufacturing. An adjacent lot provides private parking, enhancing the property's appeal. The building is located in a vibrant Hamtramck neighborhood along the Joseph Campau corridor, known for its diverse population and thriving culinary scene. The asking price is $349,900, translating to $100 per square foot. This is a short sale - no, privately owned property. The property's prime location in densely populated Hamtramck, within easy reach of Detroit, ensures high visibility and accessibility. This is a unique opportunity to acquire a well-located, income-generating property with significant upside potential. The property is offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.