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7373 3rd St 19,729 SF Retail Building Detroit, MI 48202 For Sale
Investment Highlights
- Positioned on a prominent hard corner within Detroit’s Midtown/New Center corridor, providing strong visibility along a major thoroughfare.
- The two-story building spans roughly 19,729 SF, accommodating retail, showroom, or office use under B5 General Business zoning.
- Located within a designated Opportunity Zone, which may provide eligible investors with significant tax benefits.
- Offers approximately 0.68 acres of land with valuable on-site parking in an urban infill location.
- Features secure loading garage with two overhead doors and two full 2-story basements for storage, enhancing operational flexibility.
- Just minutes from major transportation routes and surrounded by a vibrant mix of retail, residential, and institutional developments.
Executive Summary
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$362,637,960
|
$18,380.96
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$362,637,960
|
$18,380.96
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $362,637,960 |
| Annual Per SF | $18,380.96 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $362,637,960 |
| Annual Per SF | $18,380.96 |
Property Facts
Amenities
- Corner Lot
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property offers approximately 20,000 SF of versatile commercial space featuring a large open showroom layout with supporting office areas. The building can accommodate a single user or be demised for multi-tenant retail, showroom, or office configurations. Ideal for retail, specialty showroom, or creative office users seeking high-visibility space in a prominent Midtown/New Center location.
The property offers approximately 20,000 SF of versatile commercial space featuring a large open showroom layout with supporting office areas. The building can accommodate a single user or be demised for multi-tenant retail, showroom, or office configurations. Ideal for retail, specialty showroom, or creative office users seeking high-visibility space in a prominent Midtown/New Center location.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,865 SF | Retail | - | Now |
| 2nd Floor | 9,864 SF | Retail | - | Now |
1st Floor
| Size |
| 9,865 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 9,864 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,865 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The property offers approximately 20,000 SF of versatile commercial space featuring a large open showroom layout with supporting office areas. The building can accommodate a single user or be demised for multi-tenant retail, showroom, or office configurations. Ideal for retail, specialty showroom, or creative office users seeking high-visibility space in a prominent Midtown/New Center location.
2nd Floor
| Size | 9,864 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The property offers approximately 20,000 SF of versatile commercial space featuring a large open showroom layout with supporting office areas. The building can accommodate a single user or be demised for multi-tenant retail, showroom, or office configurations. Ideal for retail, specialty showroom, or creative office users seeking high-visibility space in a prominent Midtown/New Center location.
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00154-264 | Total Assessment | $1,244,300 |
| Land Assessment | $0 | Annual Taxes | $362,637,960 ($18,380.96/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
