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    Property profile & analytics
    OFF-MARKET Estimated value $810,000
    Commercial real estate

    3105 Holbrook St, Hamtramck, MI 48212-3515

    7,560 SF 0.17 ac lot Built 1928
    Individually Owned 1-yr Hold
    Property ID
    US43-0784781
    Property summary
    AI-generated overview

    This exceptional two-story, all-brick industrial building at 3105 Holbrook Street in Hamtramck, MI, offers a unique blend of historic charm and modern updates. Spanning 7,404 square feet on a 0.17-acre lot, the property boasts a wealth of original details, including a stunning first-floor marble bar, a vintage phone booth, and a magnificent second-floor auditorium with original parquet flooring and an elevated stage. The first floor also features newly finished flooring in the bar area and a fully renovated office space. A walk-in safe is a highlight of the basement. Extensive renovations have been completed, including the installation of four new forced-air units and three ductless heating and cooling units with new air condensers (2012). The rear of the first floor has been renovated to include offices, a break room, and a barrier-free restroom. Electrical upgrades, including new panels on all three floors, and plumbing work (2013) have been implemented. The renovated bar area includes two reconstructed barrier-free restrooms and updated underbar equipment. Further improvements include two new hot water heaters and utility sinks in the basement (2019), masonry tuckpointing on east and west walls and openings (2019), and a patio fence enclosure with electrical installation (2021). This property presents a rare opportunity to acquire a meticulously maintained historic building with significant modern upgrades, ideal for a variety of commercial uses. The outdoor patio area adds further appeal.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1928
    Total area 7,560 SF
    Lot 0.17 ac (7,405 SF)
    APN 41 006 04 0002 000
    UPID US43-0784781
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $815k
    Blend (final) Blend
    $810k
    Owner & transaction history
    Milo Reed Madole · 1 yrs held
    Milo Reed Madole
    since 2025
    7 recorded transactions
    2025
    2019
    2013
    2013
    $78,000
    2013
    2010
    $90,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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