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    FOR SALE
    Commercial land

    52 Bartlett St, Highland Park, MI 48203

    1.16 ac lot Built 1976
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US43-4631976
    Property summary
    AI-generated overview

    This exceptional 18,135-square-foot warehouse, formerly a supermarket, presents a unique redevelopment opportunity in Highland Park, Michigan. Located at 52 Bartlett St, 48203, this property sits on a 1.15-acre lot and offers significant potential for various uses. The building boasts an impressive 18-foot clear ceiling height, providing ample vertical space for storage or creative adaptations. Access is convenient via one grade-level door. Ample parking is available on-site, catering to both employees and customers. A key advantage is the Greenway Development running alongside the property, enhancing its visibility and potential for attracting clientele. The asking price is $595,000, translating to $32.81 per square foot. The property is available for immediate occupancy, allowing for a swift transition into your operations. This prime location in Wayne County offers excellent accessibility and visibility, making it an attractive investment for discerning buyers seeking a versatile industrial or retail space. Don't miss this chance to acquire a substantial property with significant upside potential.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1976
    Lot 1.16 ac (50,530 SF)
    APN 43 006 01 0030 002
    UPID US43-4631976
    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
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    Blend (final) Blend
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    Owner & transaction history
    Bartlett Investment INC · 17 yrs held
    Bartlett Investment INC
    since 2009
    3 recorded transactions
    2009
    $207,000
    2008
    $358,307
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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