20650 Fenkell Avenue, Detroit, MI 48223
20650 Fenkell Avenue, Detroit, MI 48223
20650 Fenkell Avenue, Detroit, MI 48223
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$350,000
Est. payment /mo
7,679 SqFt

UPDATED:

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. 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. 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


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Listed by Keller Williams Home

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

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