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This Retail Property is no longer advertised on LoopNet.com.
2305 Junction St
Detroit, MI 48209
Mixed-Use Redevelopment (Opportunity Zone) · Retail Property For Sale

Investment Highlights
- RARE MIXED-USE DEVELOPMENT SITE IN OPPORTUNITY ZONE | EXISTING BUILDING 5,400 SF INCUDES RETAIL & APARTMENTS
- OPPORTUNITY TO OWN/DEVELOP AN ENTIRE CORNER | EXCELLENT FRONTAGE AND VISIBILITY ON JUNCTION STREET
- LESS THAN ONE MILE TO I-75 HIGHWAY | 113,073 VPD | LESS THAN ONE MILE TO MICHIGAN AVENUE (16,501 VPD)
- COMMERCIAL (PROPERTY) AND RESIDENTAL (LAND) ZONING | 12 COMBINED LOTS FOR TOTAL OF 1.16 ACRES
- SOUTHWEST DETROIT | SHORT WALK TO MEXICANTOWN | INCLUDES EXISTING $22K+ NET INCOME (APARTMENTS)
- STRONG DEMOGRAPHCIS | 261,000+ PEOPLE IN 5-MILE RADIUS | OVER 100,000 HOUSEHOLDS IN 5-MILE RADIUS
Property Facts
Property Type
Retail
Property Subtype
- Storefront Retail/Residential
- General Retail Convenience Store
- General Retail Freestanding
Building Size
5,162 SF
Building Class
C
Year Built
1905
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.09 AC
Zoning
B4 - B2 Commercial (Property)
B4 Residential (Vacant Land Parcels)
Parking
16 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
67’ on Junction St
Amenities
- Signalized Intersection
Links
Property Taxes
| Parcel Number | 16-013275 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $112,300 |
Property Taxes
Parcel Number
16-013275
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$112,300
Listing ID: 24670836
Date on Market: 12/15/2021
Last Updated:
Address: 2305 Junction St, Detroit, MI 48209
The Mexicantown Retail Property at 2305 Junction St, Detroit, MI 48209 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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