3536 Michigan Ave Detroit, MI 48216-1007
- Bars
- 918 SF
- 0.02 lot acres
Sep 11, 2024
Current Use by Public Records
- Bars
Property Details for 3536 Michigan Ave
- Year built
- 1941
- Lot size
- 0.02 lot acres
- Property size
- 918 SF
- Zone code
- B4
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 12000362.
- APU
- 12000362
Description
This vacant, 915-square-foot retail building, located at 3536 Michigan Ave in Detroit, Michigan, presents a unique investment opportunity. Built in 1941 and extensively renovated in 2022, the property boasts a new roof and updated electrical systems, ready for immediate occupancy. The single-story building sits on a 1,000-square-foot lot and is zoned B4. Its prime location in Detroit's vibrant Corktown neighborhood places it within close proximity to numerous high-profile businesses and attractions, including Ford Motor Company, Michigan Central Station, the new Detroit City FC stadium, and a variety of popular restaurants and shops. The property's single-tenant occupancy and Net NNN lease type offer straightforward ownership. The asking price is $175,000. The property's APN is 12-000362. This is an exceptional chance to acquire a well-maintained, updated building in a rapidly developing area with significant growth potential. The building's proximity to major employers and entertainment venues makes it an attractive proposition for a variety of businesses.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0927
- Latitude
- 42.3317
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA