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12869 W Artesian St Detroit, MI 48223

Wedding venues Google Maps
Built 1950
Estimated value
No estimation on file for this property yet.
Property ID US43-2493479

Property summary

AI-generated overview

This beautifully remodeled Multi-use commercial building featuring front office space, reception area, and lobby, along with two restrooms. The building is currently operating as a vibrant event space, perfect for receptions, cabarets, baby showers, proms, and other special gatherings . It features a fully updated full-services commercial kitchen with high-quality appliances, ideal for catering and large-scale events. the space is enhanced with new matching tables and chairs, offering a ready-to-go setup for hosting. With modern amenities, a stylish interior and flexible layout, this venue is perfect for entrepreneurs looking to step into an established, turn-key operations, The property includes furnaces, updated electrical throughout, and a large fenced yard with a remote controlled gate. and alarm system. Three bay doors and located at rear. Suitable for a variety of others uses such as industrial, manufacturing, collision repair, auto service, or warehouse operations. For Showings / Walk-thru Contact Solomon @ 313.218. bikeScore: 37, Somewhat Bikeable walkScore: 35, Car-Dependent transitScore: 46, Some Transit

Property profile

Verified
Property type Wedding venues
Year built 1950
UPID US43-2493479

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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