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16445 Hamilton Ave 2,400 SF Retail Building Highland Park, MI 48203 $599,000 ($249.58/SF)
EXECUTIVE SUMMARY
NAI FARBMAN is excited to introduce an exceptional opportunity for retail investors: a well-appointed 2,400 SF free-standing building, meticulously renovated in 2020, and ideally situated within the sought-after Detroit West of Woodward Avenue market. Built in 1946, this property holds a prime position in the Urban Village Mixed-Use (M-UV) zone, offering versatility for a range of retail ventures. With a strategic location and a blend of historic charm and modern functionality, this property presents an enticing prospect for owners/users/investors seeking to establish a thriving retail presence in this dynamic commercial district.
Industrial Building / Green Zone / Cannabis
16445 Hamilton Ave., Highland Park, MI 48203
Detroit W of Woodward Submarket
Located between Florence St and Louise Ave along Hamilton Ave. between 8 Mile Rd and 7 Mile/McNicholas Rd.
2,400 SF Industrial/Retail Building
Built 1946, renovated 2020
0.07 ACRES
Zoned: (N-UV) Urban Village Mixed-Use
Concrete unit masonry exterior walls
Steel roof structure – replaced 2020
2 exits
1 Unisex Restroom
1 Utility Sink
No Sprinkler System
Industrial Building / Green Zone / Cannabis
16445 Hamilton Ave., Highland Park, MI 48203
Detroit W of Woodward Submarket
Located between Florence St and Louise Ave along Hamilton Ave. between 8 Mile Rd and 7 Mile/McNicholas Rd.
2,400 SF Industrial/Retail Building
Built 1946, renovated 2020
0.07 ACRES
Zoned: (N-UV) Urban Village Mixed-Use
Concrete unit masonry exterior walls
Steel roof structure – replaced 2020
2 exits
1 Unisex Restroom
1 Utility Sink
No Sprinkler System
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1946/2020
Price
$599,000
Price Per SF
$249.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.07 AC
Zoning
(N-UV) Urban Village Mixe - Mixed-Use: Urban Village Mixed-Use (M-UV) zone, offering versatility for a range of retail ventures
Frontage
30’ on HAMILTON AVE
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 43-004-02-0038-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,700 |
PROPERTY TAXES
Parcel Number
43-004-02-0038-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,700
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16445 Hamilton Ave
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