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Property profile & analytics
OFF-MARKET
Commercial real estate

2417 Denton St Hamtramck, MI 48212

3,500 SF 0.1 ac lot Built 1914
Property ID
US43-1191853
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1914
Total area 3,500 SF
Lot 0.1 ac (4,356 SF)
APN 41001010089000
UPID US43-1191853
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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