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11511 Kelly Rd 10,000 SF 100% Leased Retail Building Detroit, MI 48224 $277,758 CAD ($27.78 CAD/SF)



Investment Highlights
- Convenient drive-thru lane supporting quick-service or financial operations.
- Large fenced-in patio area suitable for outdoor use or future expansion concepts.
- Prominent frontage along Kelly Road in a dense, well-established Detroit neighborhood.
- Includes a full basement with bathrooms for added utility and storage capacity.
- Approximately one-acre lot with 40 dedicated parking spaces for easy access.
Executive Summary
11511 Kelly Road offers an established retail property in Detroit’s east side with flexible redevelopment potential. Previously utilized as a bank, the property features a single-story structure along with a full basement, providing abundant functional space for various uses. Its drive-thru lane and fenced-in patio area offer additional value for businesses that require easy customer access and outdoor accommodations. With direct visibility along Kelly Road and approximately 116 feet of street frontage, the property ensures a strong presence in a well-traveled neighborhood corridor.
Positioned on a one-acre lot, the site includes a generous parking ratio of approximately 40 spaces, creating a convenience-focused environment for customers and staff. This property is zoned for commercial use, enabling a variety of re-use options such as financial services, professional offices, retail, or even specialized use like healthcare. The surrounding area benefits from dense residential populations and proximity to major roadways, providing a steady stream of potential clientele. Offered at $199,900, this asset provides an attractive opportunity for investors or owner-users seeking an adaptable property with built-in infrastructure.
Positioned on a one-acre lot, the site includes a generous parking ratio of approximately 40 spaces, creating a convenience-focused environment for customers and staff. This property is zoned for commercial use, enabling a variety of re-use options such as financial services, professional offices, retail, or even specialized use like healthcare. The surrounding area benefits from dense residential populations and proximity to major roadways, providing a steady stream of potential clientele. Offered at $199,900, this asset provides an attractive opportunity for investors or owner-users seeking an adaptable property with built-in infrastructure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1966
Price
$277,758 CAD
Price Per SF
$27.78 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
B-Commercial
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-0574204 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $154,233 CAD |
Property Taxes
Parcel Number
21-0574204
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$154,233 CAD
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11511 Kelly Rd
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