Property summary
This exceptional 1,300 square foot mixed-use commercial property in Detroit, Michigan, presents a fantastic investment opportunity. Located at 8030 Pitt St, in Wayne County, zip code 48209, this building boasts a prime location with convenient access to high-traffic streets like Central and Vernor Highway. The property is zoned for commercial use and features a traditional office layout, ideal for a variety of businesses. Recent upgrades include a new roof, updated plumbing and electrical systems, a renovated bathroom, and a new fence and gate. The property also offers significant advantages for food truck operations, with 200-amp power and readily available water and electric hookups in the parking area. The asking price is $150,000, with a price per square foot of $115.38. Land contract terms are available with a down payment starting at $50,000. Buyer to verify all information. Showings are by appointment only after an offer is accepted.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Grocery & Convenience Store Food Market
Value estimations
Owner & transaction history
Zoning & alternative use
of this Code. (Code 1984, § 61-7-1; Ord. No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R1 Single-Family Residential District. (2)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
R2 · Detroit, MIof this Code. (Code 1984, § 61-7-1; Ord. No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R1 Single-Family Residential District. (2)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R2 in Detroit, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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