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Investment Highlights

  • Dual-purpose property featuring a ground-floor party store and upstairs rental apartment.
  • Walk-in coolers and kitchen area allow for deli or quick-service food opportunities.
  • Located within an established Detroit neighborhood with strong local traffic patterns.
  • Licenses include lottery ticket sales, beer, and wine, supporting high-margin convenience offerings.
  • Apartment includes three bedrooms, living room, dining room, and one bath for added income potential.
  • Affordable entry point for owner-users or investors, with a list price under $130,000.

Executive Summary

This Detroit property offers a unique investment opportunity combining retail operations with residential income potential. Situated on Saint Clair Street, the building features an established party store on the ground floor, equipped with walk-in coolers and a kitchen area ideal for deli or quick-service concepts. The store is licensed for lottery, beer, and wine sales, making it well-positioned for steady cash flow from convenience goods and impulse purchases.
Above the retail space, a three-bedroom apartment with full living accommodations creates additional revenue streams or optional owner-occupancy. The apartment includes a living room, dining area, and bathroom, adding flexibility for rental or personal use.
Located in a densely populated Detroit neighborhood, this property benefits from strong local demand, proximity to residential communities, and easy access to key city thoroughfares. With visibility and established clientele, this site serves entrepreneurs, investors, and operators seeking a mixed-use asset in a growing market.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,050 SF
Year Built/Renovated
1913/2000
Price
$130,000
Price Per SF
$42.62
Tenancy
Single
Building Height
2 Stories
Building FAR
1.17
Lot Size
0.06 AC
Zoning
R2 - Commercial Zoned District
Frontage
26’ on Saint Clair St

Amenities

  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
21-03-851-60-02L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$57,700
  • Listing ID: 27935981

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 2280 Saint Clair St, Detroit, MI 48214

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