Priced below replacement, this commercial property offers an outstanding investment opportunity on the well-trafficked NW corner of Houston Whittier & Chalmers. Located in the heart of Detroit's East Side, this freestanding concrete block building spans 2,198 square feet and was formerly a restaurant, making it ideal for a variety of… Read More business ventures. Situated on a 0.27-acre lot with 113 feet of frontage & 102 feet in depth, the property includes a large paved area with ample parking - a valuable asset for retail or service-based businesses. Adjacent city-owned vacant lots provide a unique opportunity for future expansion, enhancing the potential for growth. The building is structurally sound with a durable roof, ensuring long-term stability. Inside, the open layout allows for flexible configuration to suit various business needs. With its immense redevelopment potential and strategic location, this property presents a significant opportunity for investors looking to capitalize on a thriving area. Whether you plan to renovate or completely reimagine the space, this property provides a solid foundation for your next commercial project, offering both adaptability and growth potential. Schedule your showing today! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Own It Realty, (313) 395-0000
Listing Snapshot
Days Online
565
Last Updated
Property Type
Commercial
Square Ft.
2,198
Lot Size
0.27 Acres
Year Built
1980
MLS Number
20240069330
30 Days Snapshot Of 48205
$43k
-16%
(avg) sold price
35
+20%
homes sold
85
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1980, Remodelled in 2015, 2,198 total square feet, 2,198 main square feet, Unit count: 0, Block
Foundation
Slab
Water Features
Public (Municipal)
Lot
Lot size area: 0.27, Lot size dimensions: 113 x 102
Miscellaneous
Gross scheduled income: $0, Net operating income: $0, Operating expense: $0, Carry-Out, Lottery, Service, Retail, Real Estate Only
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