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16122 Meyers Rd 3,515 SF Retail Building Detroit, MI 48235 $250,000 ($71.12/SF)
INVESTMENT HIGHLIGHTS
- 3,515 SF building with open floor plan.
- Double Unit: 2 restrooms and 2 front/back doors.
- Large fenced-in area at the back of property.
- Renovated in 2024 with new HVAC system and roof.
- Convenient access next to side alley off Meyers Rd.
- Close to M-10/The Lodge Freeway.
EXECUTIVE SUMMARY
This 3,515 SF property boasts a prime location and is perfectly suited to meet the needs of retail and free-standing building users. Renovated in 2024, its open floor plan, brand-new furnace with AC, new water heater, new roof, and double unit configuration (one side is 34’ x 62’ and other side is 18’ x 62’) with 2 restrooms and 2 front/back doors provide versatility and convenience. The large 53’ x 30’ fenced-in area in the back offers potential for outdoor space utilization. Many potential uses are possible including a coffee roastery, restaurant, salon, studio,
office, or a clinic. With easy access from the side alley off Meyers Rd and proximity to M-10/The Lodge Freeway, this property is an enticing prospect in the thriving Detroit area.
Coffee roaster is also available for sale.
office, or a clinic. With easy access from the side alley off Meyers Rd and proximity to M-10/The Lodge Freeway, this property is an enticing prospect in the thriving Detroit area.
Coffee roaster is also available for sale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,515 SF
Building Class
C
Year Built
1955
Price
$250,000
Price Per SF
$71.12
Tenancy
Single
Building Height
1 Story
Building FAR
0.65
Lot Size
0.13 AC
Zoning
B2 - Local Business
Parking
5 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
54’ on Meyers Rd
PROPERTY TAXES
| Parcel Number | 16-0461002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $47,400 |
PROPERTY TAXES
Parcel Number
16-0461002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$47,400
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16122 Meyers Rd
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