26
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$350,000
Est. payment /mo
7,679 SqFt
Active
20650 Fenkell Avenue Detroit, MI 48223
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,679 sqft
Price per Sqft $45
MLS Listing ID 20251060631
Year Built 1933
Annual Tax Amount $10,908
Lot Size 0.710 Acres
Acres 0.71
Lot Dimensions 191 x 162
Source Realcomp
Property 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. 36 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"
Location
State MI
County Wayne
Zoning Commercial
Direction GOING EAST FROM TELEGRAPH ON FENKELL, IT'S ABOUT 1.7 MILES AND WLL BE ON THE NORTH SIDE OF FENKELL. LOOK FOR THE BLUE BUILDING
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Other
Building
Foundation Block, Slab
Water Public
Schools
School District Detroit
Others
Tax ID W221105254C7
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251060631
Listed by Keller Williams Home
NEARBY SCHOOL & BUSINESS
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