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    Property profile

    314 Baltimore St Detroit, MI 48202

    OFF-MARKET
    Bars & Pubs
    Property ID
    US43-1062521
    3,264 SF 0.11 ac lot Built 1964
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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    Property summary

    AI-generated overview

    The property is a 3,264-square-foot industrial-style building built in 1964, located in the Milwaukee Junction neighborhood. It has bright white interior walls that function as an open, adaptable interior finish. Exterior features include colorful murals created by Adam Kiyoshi Fujita, Sydney G. James, and Tony Whlgn. The interior includes ample electrical outlets and down lighting, supporting uses such as portrait, film, art, or video production studios. The site includes a gated parking lot and is positioned for access to major destinations, including being approximately four miles from Downtown Detroit and about 18 miles from Detroit Metro Airport.

    Property profile

    Verified
    Property type Bars & Pubs
    Use group NIGHTCLUB (COCKTAIL LOUNGE)
    Year built 1964
    Total area 3,264 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code M4
    APN 01001802-3
    UPID US43-1062521

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    314 Baltimore St Detroit, MI 48202-3204
    Detroit metro Census 511900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    $600k

    Owner & transaction history

    since 2025
    Last sale
    $550,000
    7 recorded transactions
    2025
    $550,000
    2023
    Price N/A
    2023
    Price N/A
    2021
    Price N/A
    2017
    Price N/A
    2013
    Price N/A
    2013
    $25,000

    Zoning & alternative use

    M4 · Detroit, MI
    Zoning description

    ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…

    General category INDUSTRIAL

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $235,000
      4,000 SF
      29 Baltimore St
      BAR, TAVERN
      29 Baltimore St, Detroit, MI 48202-3201
      View Details
    • Value Estimation
      $220,000
      2,751 SF
      6420 Woodward Ave
      BAR, TAVERN
      6420 Woodward Ave, Detroit, MI 48202-3216
      View Details
    • Value Estimation
      $2,245,000
      18,900 SF
      650 Baltimore St
      NIGHTCLUB (COCKTAIL LOUNGE)
      650 Baltimore St, Detroit, MI 48202-2902
      View Details
    • Value Estimation
      $1,650,000
      11,450 SF
      107 Milwaukee St
      BAR, TAVERN
      107 Milwaukee St, Detroit, MI 48202-3231
      View Details
    • Value Estimation
      $220,000
      2,751 SF
      6426 Woodward Ave
      BAR, TAVERN
      6426 Woodward Ave, Detroit, MI 48202-3216
      View Details
    • Value Estimation
      $300,000
      3,900 SF
      5756 Cass Ave
      BAR, TAVERN
      5756 Cass Ave, Detroit, MI 48202-3629
      View Details

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    Similar Nearby for Lease

    • New
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      Retail spaces available to support TechTown tenants and community.
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      View Details
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    • $27 SF/Yr
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    • $27 SF/Yr
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      Retail suites provide onsite parking, prominent signage, and access from Woodward Avenue and East Philadelphia Street.
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    • New
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      Detroit Retail Suites For Lease
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    • New
      $19.50 SF/Yr
      8,700 sqft
      Prime Retail/Office Space in Detroit
      Retail/office space in the heart of Detroit's New Center.
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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