2903 Trumbull St Detroit, MI 48216-1272
This exceptional 1,950 square foot retail property, located at 2903 Trumbull Street in Detroit, Michigan, presents a unique investment opportunity. Situated on a 0.4-acre lot, this single-story, 1999-built building boasts a prime North Corktown location, directly across from the Motor City Casino & Hotel. The property benefits from its hard corner location within the thriving Corktown Development Zone, offering excellent visibility and accessibility. Zoned R4, this space provides flexibility for a variety of retail uses. The asking price is $795,000, translating to $407.69 per square foot. Convenient access to major thoroughfares, including I-75 and the Lodge Freeway, ensures easy commutes for both employees and customers. This property represents a compelling investment in a rapidly developing area of Detroit, offering significant potential for growth and return. The building's size and location make it ideal for a variety of retail businesses seeking a high-traffic, high-visibility location in a revitalized neighborhood. This is a rare opportunity to acquire a well-situated retail space in one of Detroit's most dynamic and up-and-coming areas. The property's 1999 construction date suggests a relatively modern building, minimizing potential maintenance needs.
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Knox Cleaners (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
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.