1501 Lafayette BlvdDetroit, MI 48216
- Industrial properties
- 13,540 SF
Property Details for 1501 Lafayette Blvd
- Year built
- 1949
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 13,540 SF
- Zone code
- M3
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 08000057.
- APU
- 8000057
Description
This exceptional 5,000-square-foot flex space, located at 1501 W Lafayette Blvd in Detroit, Michigan, presents a unique opportunity for businesses seeking versatile commercial real estate. The property, situated near the intersection of W Lafayette Blvd and Trumbull, boasts a convenient location within the 48216 zip code. Built in 1949, this two-story building offers a blend of retail and industrial functionality, perfectly suited for a variety of uses. The entire 5,000 square feet is currently vacant and available for lease, offering maximum flexibility for tenants. The space is divisible, with a minimum leasable area of 1,755 square feet, allowing for customization to meet specific business needs. The property's zoning designation as Retail/Flex/Light Industrial further enhances its adaptability. The single building comprises the entire property, identified by APN W08/I000057S. This prime location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a strategic presence in the Detroit market. The property's versatile nature and ample square footage make it a highly attractive option for a wide range of commercial enterprises. Contact us today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,788,106
- Hospitality
- $2,553,890
- Educational
- $2,124,806
- Medical
- $2,197,882
- Retail
- $3,305,254
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3251
- Longitude
- -83.0624
- 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
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