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16445 Hamilton Ave 2,400 SF Retail Building Highland Park, MI 48203 $823,523 CAD ($343.13 CAD/SF)
Executive Summary
NAI FARBMAN is excited to introduce an exceptional opportunity for retail investors: a well-appointed 2,400 SF free-standing building, meticulously renovated in 2020, and ideally situated within the sought-after Detroit West of Woodward Avenue market. Built in 1946, this property holds a prime position in the Urban Village Mixed-Use (M-UV) zone, offering versatility for a range of retail ventures. With a strategic location and a blend of historic charm and modern functionality, this property presents an enticing prospect for owners/users/investors seeking to establish a thriving retail presence in this dynamic commercial district.
Industrial Building / Green Zone / Cannabis
16445 Hamilton Ave., Highland Park, MI 48203
Detroit W of Woodward Submarket
Located between Florence St and Louise Ave along Hamilton Ave. between 8 Mile Rd and 7 Mile/McNicholas Rd.
2,400 SF Industrial/Retail Building
Built 1946, renovated 2020
0.07 ACRES
Zoned: (N-UV) Urban Village Mixed-Use
Concrete unit masonry exterior walls
Steel roof structure – replaced 2020
2 exits
1 Unisex Restroom
1 Utility Sink
No Sprinkler System
Industrial Building / Green Zone / Cannabis
16445 Hamilton Ave., Highland Park, MI 48203
Detroit W of Woodward Submarket
Located between Florence St and Louise Ave along Hamilton Ave. between 8 Mile Rd and 7 Mile/McNicholas Rd.
2,400 SF Industrial/Retail Building
Built 1946, renovated 2020
0.07 ACRES
Zoned: (N-UV) Urban Village Mixed-Use
Concrete unit masonry exterior walls
Steel roof structure – replaced 2020
2 exits
1 Unisex Restroom
1 Utility Sink
No Sprinkler System
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1946/2020
Price
$823,523 CAD
Price Per SF
$343.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.07 AC
Zoning
(N-UV) Urban Village Mixe - Mixed-Use: Urban Village Mixed-Use (M-UV) zone, offering versatility for a range of retail ventures
Frontage
30’ on HAMILTON AVE
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 43-004-02-0038-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $84,436 CAD |
Property Taxes
Parcel Number
43-004-02-0038-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$84,436 CAD
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16445 Hamilton Ave
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