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3939 3rd St
Detroit, MI 48201
 Redevelopment BTS · Retail Property For Sale

Retail Spaces Michigan Detroit 3939 3rd St, Detroit, MI 48201

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Investment Highlights

  • Proposed 16-unit and first floor retail building.
  • Approved and permitted plans included.
  • NEZ tax abatements for 15 years.
  • Located in the heart of Midtown.

Executive Summary

Approved variances to build a 5-story building.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,900 SF
Building Class
C
Year Built
2027
Construction Status
Proposed
Price
$325,000
Price Per SF
$47.10
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.09 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Frontage
40’ on 3rd St

Property Taxes

Parcel Number 04-003544 Improvements Assessment $0
Land Assessment $0 Total Assessment $167,600

Property Taxes

Parcel Number
04-003544
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,600
 

  • Listing ID: 29036269

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 3939 3rd St, Detroit, MI 48201

More public record information on 3939 3rd St, Detroit, MI 48201

The Midtown Detroit Retail Property at 3939 3rd St, Detroit, MI 48201 is currently available. Contact Friedman Real Estate for more information.

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