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18940 Schoolcraft 2,800 SF Vacant Office Building Detroit, MI 48223 $150,000 ($53.57/SF)

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INVESTMENT HIGHLIGHTS

  • Spacious 2,800 SF medical office building.
  • Zoned B4 for versatile commercial opportunities.
  • Prime location in the Detroit / W of Woodward area.
  • Flexible floor plan to suit various business needs.
  • Located on a corner lot with over 18,734 VPD.
  • Ample parking for staff and visitors.

EXECUTIVE SUMMARY

This 2,800 SF medical office building offers a prime location with B4 zoning in the high-demand Detroit/W of Woodward area. The property's strategic positioning is perfect for any investor or owner/user looking to capitalize on the robust office market, providing a solid foundation for a wide range of business ventures. The current layout features a 1,900 SF family medical practice, a 500 SF dental office, and a shared 360 SF reception. The medical office is comprised of 6 private offices/exam rooms, a kitchenette, two private restrooms, storage, a private reception, and a utility room. The dental office has two exam rooms, a lab, and a private office. There is also abundant on-site parking in the rear of the building and street parking.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
C
Year Built
1966
Price
$150,000
Price Per SF
$53.57
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.46
Lot Size
0.14 AC
Zoning
B4 - General Business District
Parking
6 Spaces (2.14 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Artesian Dental Group PLC
  • Health Care and Social Assistance
  • -
  • -
  • -
  • The Rejuvenation Station
  • Services
  • -
  • -
  • -
  • We Are Family Adult Services
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Artesian Dental Group PLC Health Care and Social Assistance - - -
The Rejuvenation Station Services - - -
We Are Family Adult Services - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,900 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Office space with plenty of potential available for lease in the close-knit Grandmont/Rosedale community - called the 'Home of the Good Neighbors" community. Built out as medical, the 1,900 SF of available space accompanies Artesian Dental Group PLC in this two-tenant building. The lease is below market rate with flexible terms and includes access to 360 SF shared reception area. Located just minutes from Southfield Freeway, I-96 Express, and West Grand River Ave.

Space Size Space Use Condition Available
1st Floor 1,900 SF Office/Medical Partial Build-Out Now

1st Floor

Size
1,900 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

1st Floor

Size 1,900 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

Office space with plenty of potential available for lease in the close-knit Grandmont/Rosedale community - called the 'Home of the Good Neighbors" community. Built out as medical, the 1,900 SF of available space accompanies Artesian Dental Group PLC in this two-tenant building. The lease is below market rate with flexible terms and includes access to 360 SF shared reception area. Located just minutes from Southfield Freeway, I-96 Express, and West Grand River Ave.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-00964-850
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,600
  • Listing ID: 34730154

  • Date on Market: 2/5/2025

  • Last Updated:

  • Address: 18940 Schoolcraft, Detroit, MI 48223

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