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4536 Michigan Ave 2,024 SF Retail Building Detroit, MI 48210 $175,000 ($86.46/SF)
Investment Highlights
- DOWN THE STREET FROM CORKTOWN AND CLOSE TO DOWNTOWN DETROIT
- HIGH TRAFFIC AREA
Executive Summary
GREAT LOCATION. STEPS AWAY FROM CORKTOWN, CLOSE TO DOWNTOWN DETROIT, MICHIGAN CENTRAL TRAIN STATION, DETROIT RIVER, ETC. THIS WAS FORMERLY A PAWN SHOP. RECENTLY UPDATED THROUGHOUT. GREAT FOR ANY TYPE OF RETAIL BUSINESS OR SERVICE BUSINESS. VACANT LOT TO THE LEFT FACING THE BUIDLING IS ALSO INCLUDED. ADDRESS IS 4542 MICHIGAN AVE. THIS ISNT THE GATED LOT. ITS THE LOT THE LEFT. 20X100 VACANT LOT. TOTAL LOT OF BOTH PROPERTIES IS 40X100. CONTACT LISTING AGENT FOR ALL SHOWINGS. 4536 MICHIGAN AVE IS THE GREEN BUILDING ONLY. LAND CONTRACT TERMS ARE AN OPTION WITH 30% DOWN.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,024 SF
Building Class
C
Year Built/Renovated
1890/2023
Price
$175,000
Price Per SF
$86.46
Tenancy
Single
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.05 AC
Zoning
B4 - Business
Frontage
32’ on Michigan Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-000693 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,900 |
Property Taxes
Parcel Number
14-000693
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,900
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4536 Michigan Ave
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