20650 Fenkell Avenue, Detroit, MI 48223

Description

EXCELLENT OPPORTUNITY TO OWN A SPACIOUS 8,000 SQ FT COMMERCIAL BUILDING LOCATED IN DETROIT'S WEST SIDE FENKELL CORRIDOR. THE PROPERTY OFFERS GREAT VISIBILITY AND FRONTAGE ALONG A MAJOR THOROUGHFARE WITH CONSISTENT TRAFFIC AND LONG-TERM REDEVELOPMENT POTENTIAL. IT IS RIGHT ACROSS FROM A POST OFFICE. OPEN LAYOUT IDEAL FOR RETAIL, STORAGE, WAREHOUSE, OR LIGHT INDUSTRIAL USES. SOLID STRUCTURE. 24 PARKING SPACES. ZONED B-4 - GENERAL RETAIL. MOST RECENT KNOWN BUSINESS. A 2022 REAL-ESTATE LISTING DESCRIBES THE PROPERTY AS A GROCERY STORE WITH: LOTTERY SALES GENERATING ABOUT $50,000.00 ANNUALLY WHICH GIVES A GOOD BASE. A PERFECT OPPORTUNITY FOR AN INVESTOR OR BUSINESS OWNER LOOKING TO RENOVATE AND ADD VALUE IN A GROWING CORRIDOR. RPR GIVES IT A FINANCIAL RISK SCORE OF 217. YOU WILL NEED TO SIGN A WAIVER BEFORE HAVING A SHOWING OF THIS PROPERTY. PLEASE GO TO "DOC'S" AND PULL DOWN A COPY OF THE WAIVER, SIGN, AND EMAIL IT TO ME. YOU WILL ALSO NEED PROOF OF FUNDS. THANK YOU. THIS IS BEING SOLD "AS-IS"

Price & Status History

MLS Listing History1 listing

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Property Details