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    OFF-MARKET
    Retail properties & Spaces

    6834 Park Ave, Allen Park, MI 48101-2036

    1,660 SF 0.05 ac lot Built 1956
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-1167333
    Property summary
    AI-generated overview

    This 1,660 square foot mixed-use building, located at 6834 Park Avenue in Allen Park, Michigan, is offered for sale by the owner for $160,000. Built in 1956, this single-story, Class C property sits on a 0.046-acre lot and is zoned C2, permitting office, retail, and small cafe uses. The building offers an open interior space ideal for various business needs, featuring a large display window and excellent signage opportunities for high visibility. Its location in a high-traffic area with significant foot traffic ensures excellent accessibility. Convenient proximity to major highways and public transportation further enhances its appeal. The property is situated within a vibrant Allen Park neighborhood known for its supportive local businesses and loyal clientele, providing a strong foundation for business growth. The sale is subject to the buyer assuming any necessary repairs to bring the building up to code and obtaining a Certificate of Occupancy from the City of Allen Park upon sale completion. This presents a unique opportunity for entrepreneurs seeking a well-positioned commercial space in a thriving community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group NURSERY, GREENHOUSE, FLORIST
    Year built 1956
    Total area 1,660 SF
    Lot 0.05 ac (2,178 SF)
    Zoning code C 2
    APN 30 012 03 0199 000
    UPID US43-1167333
    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
    Current use
    Occupant on record · Public records
    • Flowers On The Avenue (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Buchanan Company Properties LLC · 1 yrs held
    Buchanan Company Properties LLC
    since 2025
    Last sale
    $110,000
    3 recorded transactions
    2025
    $110,000
    2024
    $18,614
    2022
    $14,523
    Zoning & alternative use
    C 2 · Allen Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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