6509 Michigan Ave

Retail

6509 Michigan Ave, DetroitMI 48210

Property Details

Location

Address
6509 Michigan Ave, DetroitMI 48210
County
Wayne
Submarket
Detroit W of Woodward
Parcels
18002298.

Building Size

Building Size
Rentable Space
5,000 SF

Building Details

Type
 Retail
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Sale of Real Estate and Business

5,000 SF$270,000
RE/MAX Commercial Connection

Real estate is being offered with the business.

Abby's Party Store is located on the corner of Cicotte and fronts on Michigan Avenue in Southwest Detroit. It is one of the ONLY liquor stores in this vicinity and is frequented by those traveling Michigan Avenue to the sports arenas in Detroit. The business continues to improve in profitability each month.

The building is in good condition and has more upside potential, including:

1. 4 apartments upstairs that are currently gutted and ready to be completed and rented.

2. Retail space on the ground level, either to be used to expand the store, or create another rent-able space.

3. Current owner/operator has limited hours. New owner could be much more profitable by extending hours the store is open for business.

Each floor is approx. 2,500 sf. and the building is 3 levels. The square footage does not include a full basement that is used for storage.

RE/MAX Commercial Connection

Real estate is being offered with the business.

Abby's Party Store is located on the corner of Cicotte and fronts on Michigan Avenue in Southwest Detroit. It is one of the ONLY liquor stores in this vicinity and is frequented by those traveling Michigan Avenue to the sports arenas in Detroit. The business continues to improve in profitability each month.

The building is in good condition and has more upside potential, including:

1. 4 apartments upstairs that are currently gutted and ready to be completed and rented.

2. Retail space on the ground level, either to be used to expand the store, or create another rent-able space.

3. Current owner/operator has limited hours. New owner could be much more profitable by extending hours the store is open for business.

Each floor is approx. 2,500 sf. and the building is 3 levels. The square footage does not include a full basement that is used for storage.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CPIX

More Information

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