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Investment Highlights
- Value add redevelopment potential
- Motivated seller offering an enticing opportunity
- 80-foot sidewall ideal for prominent signage
- Former longtime bar with historical charm
- Zoned B4 General Business for versatile use
- Convenient alley location for easy access and deliveries
Executive Summary
Introducing an exceptional retail redevelopment opportunity at 19018 Hayes Street, Detroit, MI. This 1,600 SF building, constructed in 1955 and zoned B4 General Business, offers an ideal setting for retail or street retail businesses. The prominent ground-floor storefront with large display windows presents an attractive facade, while the flexible interior layout and tall ceiling heights enhance the potential for a captivating shopping experience. The solid masonry build, dedicated customer entrance, high 13 foot ceilings and accessible sidewalk frontage further solidify its desirability. This property offers a unique opportunity to create a thriving retail destination with a personal touch.
Nestled on the east side of Hayes Street, just south of 7 Mile and in close proximity to I-94, the location provides convenient access for patrons. Situated west of the Eastland Mall Redevelopment and northeast of the Coleman A. Young International Airport, the area exudes potential for retail and street retail investment. This strategic positioning offers visibility and accessibility in a dynamic market, increasing the appeal for businesses seeking to establish a presence in this thriving Detroit neighborhood.
Nestled on the east side of Hayes Street, just south of 7 Mile and in close proximity to I-94, the location provides convenient access for patrons. Situated west of the Eastland Mall Redevelopment and northeast of the Coleman A. Young International Airport, the area exudes potential for retail and street retail investment. This strategic positioning offers visibility and accessibility in a dynamic market, increasing the appeal for businesses seeking to establish a presence in this thriving Detroit neighborhood.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
1,600 SF
Building Class
C
Year Built
1955
Price
$33,988 CAD
Price Per SF
$21.24 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.73
Lot Size
0.05 AC
Zoning
B4 - General Business
Frontage
35’ on Hayes Street
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-056589 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $41,737 CAD |
Property Taxes
Parcel Number
21-056589
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$41,737 CAD
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19018 Hayes St
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