For Sale
$575,000

20240 Plymouth Rd Detroit, MI 48228

Vacant Restaurant, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
127
This 2,413 square foot vacant commercial property, a former Burger King, is available for $575,000. Located at 20240 Plymouth Road in Detroit, Michigan (zip code 48228), this fee simple ownership includes the land and building. Built in 1992, the property sits on a 0.7-acre lot and boasts 36 parking spaces. The B-4 General Business zoning allows for a variety of redevelopment options. Its prime location along Plymouth Road, a major retail corridor, offers excellent visibility and accessibility. The property benefits from its proximity to State Highway 39 (173,000 vehicles per day) and Interstate 96 (169,100 vehicles per day), ensuring high traffic volume. The drive-thru is already in place, presenting a significant advantage for quick-service restaurants or similar businesses. The strong demographics within a 5-mile radius further enhance the property's investment potential. The property's APN is 22005597-9. This is an exceptional opportunity for owner-users or developers seeking a high-traffic location with significant redevelopment potential. The price per square foot is $238.29.

Highlights

  • Excellent redevelopment opportunity; 2,413 SF former Burger King; B-4 General Business zoning.
  • Plymouth Road location; drive-thru; high traffic counts (M-39: 173,000 VPD, I-96: 169,100 VPD).
  • Major retail corridor; proximity to major employers.
  • Strong demographics within a 5-mile radius.

Property Details for 20240 Plymouth Rd

Property type
Retail properties, Restaurants
Square Feet
2,413 SF
Year Built
1992
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3722143
Longitude
-83.2397069
20240 Plymouth Rd, Detroit, Michigan

FAQs

What type of property is this?
Retail property - Vacant Restaurant, Redevelopment Potential
Where is the retail property located?
The property is located at 20240 Plymouth Rd Detroit, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Excellent redevelopment opportunity; 2,413 SF former Burger King; B-4 General Business zoning.; Plymouth Road location; drive-thru; high traffic counts (M-39: 173,000 VPD, I-96: 169,100 VPD).; Major retail corridor; proximity to major employers.
How can I contact the broker?
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20240 Plymouth Rd
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