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1341 Springwells St Detroit, MI 48209

Detroit Restaurant/Bar, 9,472 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 9,472-square-foot commercial property, located at 1341 Springwells Street in Detroit, Michigan, presents a unique investment opportunity. Formerly housing Vince's Italian Restaurant, this vacant building sits on a 0.49-acre lot and boasts 40+ off-street parking spaces within a gated area. The property features a single-story building constructed in 1971, zoned B4 General Business District, offering significant potential for various commercial uses or redevelopment. Its prime location in southwest Detroit provides easy access to major expressways and downtown, benefiting from a high-density residential neighborhood and proximity to the Gordie Howe International Bridge. The property includes two parcels: 20005579-83 and 20005584. A Class C liquor license is available. Seller financing is also an option. This property's strategic location within a rapidly developing area makes it an attractive investment for both owner-users and developers. The substantial lot size and existing building provide ample space for a variety of commercial ventures. The property's history as a successful restaurant further underscores its potential for continued success. Additional adjacent parcels are also available for purchase, expanding the potential scope of this investment. These include vacant lots and a storage building, offering further development opportunities. This is a rare chance to acquire a significant commercial property in a thriving Detroit neighborhood.

Highlights

  • Former Vince's Italian Restaurant, 9,472 SF building on a 0.49-acre lot.
  • 204' of Springwells Street frontage with B4 General Business zoning.
  • 40+ gated, off-street parking spaces.
  • Suitable for commercial users or redevelopment.
  • Located in desirable Southwest Detroit, near expressways and downtown.
  • High-density residential neighborhood and proximity to the Gordie Howe International Bridge.

Property Details for 1341 Springwells St

Property type
Retail properties, Restaurants
Square Feet
9,472 SF
Year Built
1971
Buildings
1
Stories
1
Lot Size (sq. ft)
21,344 SF
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.304813176022
Longitude
-83.122449356621

FAQs

What type of property is this?
Retail property - Detroit Restaurant/Bar, 9,472 SF
Where is the retail property located?
The property is located at 1341 Springwells St Detroit, MI.
What are key features of this property?
This property features: Former Vince's Italian Restaurant, 9,472 SF building on a 0.49-acre lot.; 204' of Springwells Street frontage with B4 General Business zoning.; 40+ gated, off-street parking spaces.
How can I contact the broker?
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1341 Springwells St
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