5961 14Th StDetroit, MI 48208
- Specialty properties
- 31,441 SF
Property Details for 5961 14Th St
- Year built
- 1924
- Lot size
- 0.27 AC
- Property size (Sq ft)
- 31,441 SF
- Zone code
- B4
- Property type
- Specialty properties
- Property subtype
- Other specialty properties
- APN
- 10005119.
- APU
- 10005119
Description
This exceptional 30,555-square-foot retail space at 5961 14th Street in Detroit, Michigan, presents a unique investment opportunity. Located in Wayne County (APN 10-005119), this single-tenant building offers unparalleled flexibility thanks to its flexible zoning. Originally constructed in 1920, the property underwent a complete renovation in 2019, ensuring modern amenities and functionality within a historically significant structure. The building boasts three stories, providing ample space for a variety of retail uses. The entire 30,555 square feet is currently vacant, presenting a blank canvas for a prospective tenant to customize to their specific needs. The property's prime location in Detroit, Michigan, zip code 48208, offers excellent visibility and accessibility. This is an exceptional opportunity to acquire a substantial retail property in a thriving urban area, ready for immediate occupancy. The building's recent renovation ensures modern systems and infrastructure are in place, minimizing upfront capital expenditures. The flexible zoning allows for a wide range of potential uses, maximizing the property's versatility and potential return on investment. This is a rare chance to secure a large, renovated retail space in a desirable Detroit location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,484,948
- Hospitality
- $6,856,172
- Educational
- $5,704,254
- Medical
- $5,900,432
- Retail
- $8,873,285
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3576
- Longitude
- -83.0918
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].