5961 14th St, Detroit, MI 48208-1608
This exceptional 30,555-square-foot retail space at 5961 14th Street in Detroit, Michigan, presents a unique investment opportunity. Located in Wayne County (APN 10-005119), this single-tenant building offers unparalleled flexibility thanks to its flexible zoning. Originally constructed in 1920, the property underwent a complete renovation in 2019, ensuring modern amenities and functionality within a historically significant structure. The building boasts three stories, providing ample space for a variety of retail uses. The entire 30,555 square feet is currently vacant, presenting a blank canvas for a prospective tenant to customize to their specific needs. The property's prime location in Detroit, Michigan, zip code 48208, offers excellent visibility and accessibility. This is an exceptional opportunity to acquire a substantial retail property in a thriving urban area, ready for immediate occupancy. The building's recent renovation ensures modern systems and infrastructure are in place, minimizing upfront capital expenditures. The flexible zoning allows for a wide range of potential uses, maximizing the property's versatility and potential return on investment. This is a rare chance to secure a large, renovated retail space in a desirable Detroit location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.