Detroit, MI Office Property For Sale

Former medical clinic and large parking lot on Mack Avenue located along the Indian Village border.  The site is just over 1.5 acres, and includes an approximately 26,000 sf. brick building.

With the new FCA Detroit Facility coming on line soon, there will be more demand for housing and other amenities in this area that is only 2 miles away.

This site is prime for developing into a destination, and has the added advantage of being located in an Opportunity Zone.

-Strategic Neighborhood

-Opportunity Zone

-Supported by the CDFI's https://www.detroitcdficoalition.org/membership

-Priced to sell!

2 story brick commercial multi use building located in an up and coming neighborhood. Formerly used as an Elks lodge. The property can sustain multiple uses. Meeting space on the first floor, second floor and in the basement level. There are rooms that can be used for offices and classroom space. There is a fully functional kitchen located on the first floor. Men's and women's rest rooms on all levels. Even changing areas as well. Price reflects a need for some tlc and elbow grease, but ready for a new owner to bring it back to life. All showings to be accompanied by a licensed agent.

Property Features-

- Prime Retail/Commercial Development Opportunity

- Located proximal to freeway, major thoroughfares and highly populated residential area

- Covered and open designated parking on north side of bldg.

- Zoned B2 allowing for a variety of commercial use

Building in shell condition - needs to be rebuilt. Structure demo rough estimate $19,275.

Turn-key retail/office space.

Potential for complete re-development. Building needs rehab but the price reflects its condition. Call Broker for more details.

1000’ of frontage on Gratiot Avenue

Value-add opportunity with vacant spaces built out for medical spaces or redevelopment opportunity for office/ retail use

Located directly across from Detroit Police 9th Precinct

Excellent visibility and ample parking

CO-TENANCY:

Gentle Dental (3,850 SF)

Seven-year lease renewal in February 2020

(2) Five-year option periods

2.5% annual increases

Tenant has been in place since 2010

Chiropractor (1,750 SF)

Five-year lease signed November 2022

(1) Five-year option period

Residential/redevelopment opportunity.