Log In/Sign Up
Your email has been sent.
19701 Mound Rd 8,196 SF Retail Building Detroit, MI 48234 $399,000 ($48.68/SF)
Executive Summary
PRIME 8,190 SF MULTI-TENANT RETAIL INVESTMENT ON HIGH-TRAFFIC MOUND ROAD
PROPERTY ADDRESSES: 19645, 19655, 19665, & 19701 Mound Road, Detroit, MI 48234.
Exceptional opportunity to acquire a versatile, retail-zoned commercial property totaling 8,190 SQ FT across two separate buildings on a substantial 0.87-acre (37,000 SQ FT) lot. Situated with prime frontage on high-traffic Mound Road, this property is configured for maximum flexibility and income generation.
Building A (4,500 SQ FT): Single, spacious unit, ideal for an anchor tenant or primary owner-occupied business.
Building B (3,690 SQ FT): Divided into three separate units (suites), creating three distinct rental revenue sources.
Retail Zoning (Commercial): Suitable for a wide range of retail, service, and professional businesses.
Located on a major commercial corridor in Detroit, ensuring strong daily traffic counts and exposure.
Large 0.87-acre lot provides ample parking and potential for future site improvements or expansion.
This is a strategic, value-add acquisition for a buyer seeking a well-located asset with immediate multi-unit leasing and operational flexibility in the growing Detroit commercial market.
PROPERTY ADDRESSES: 19645, 19655, 19665, & 19701 Mound Road, Detroit, MI 48234.
Exceptional opportunity to acquire a versatile, retail-zoned commercial property totaling 8,190 SQ FT across two separate buildings on a substantial 0.87-acre (37,000 SQ FT) lot. Situated with prime frontage on high-traffic Mound Road, this property is configured for maximum flexibility and income generation.
Building A (4,500 SQ FT): Single, spacious unit, ideal for an anchor tenant or primary owner-occupied business.
Building B (3,690 SQ FT): Divided into three separate units (suites), creating three distinct rental revenue sources.
Retail Zoning (Commercial): Suitable for a wide range of retail, service, and professional businesses.
Located on a major commercial corridor in Detroit, ensuring strong daily traffic counts and exposure.
Large 0.87-acre lot provides ample parking and potential for future site improvements or expansion.
This is a strategic, value-add acquisition for a buyer seeking a well-located asset with immediate multi-unit leasing and operational flexibility in the growing Detroit commercial market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,196 SF
Building Class
C
Year Built
2002
Price
$399,000
Price Per SF
$48.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.27 AC
Zoning
C - Commercial
Parking
14 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
200’ on Mound Rd
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 13-01306-194 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $221,800 |
Property Taxes
Parcel Number
13-01306-194
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$221,800
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
19701 Mound Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.