5045 Trumbull St Detroit, MI 48208
- Specialty properties
- 8,894 SF
- 0.37 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 5045 Trumbull St
- Year built
- 1910
- Lot size
- 0.37 lot acres
- Property size
- 8,894 SF
- Zone code
- SD2
- Property type
- Specialty properties
- APN
- 08005840-2
- APU
- 80058402
Description
This exceptional 8,894 square foot building, located at 5045 Trumbull in Detroit, Michigan, presents a unique investment opportunity. Previously operating as a funeral home, this well-maintained property offers significant potential for diverse uses. Its prime location in the heart of Detroit, within Wayne County and zip code 48208, provides easy access to major amenities, including professional sports venues, world-class casinos, and a rich entertainment scene. The building boasts a convenient private parking lot, ensuring ample space for clients and staff. The structure itself is in excellent condition, having been meticulously maintained throughout its operational history. The property's current zoning allows for continued use as a funeral home, but its size and location also make it highly suitable for conversion into professional office space. Alternatively, there's potential for rezoning to accommodate multi-family residential use, subject to city approvals. With its substantial square footage and desirable location, this property represents a compelling investment prospect for discerning buyers seeking a versatile and well-situated asset in a thriving urban environment. The asking price is $900,000. Don't miss this chance to acquire a property with significant upside in a dynamic and rapidly developing area of Detroit.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0795
- Latitude
- 42.3527
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA