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3301 Junction St
Detroit, MI 48210
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in a bustling area of Detroit, offering excellent visibility and accessibility.
- Boasts unique architectural details that add character and appeal to the property.
- Features a flexible layout suitable for various commercial uses, from retail to office space.
EXECUTIVE SUMMARY
Built in 1911, this sprawling Dutch Colonial building has many potential separate revenue streams: large commercial space that can be divided; three residential townhouses above; and the basement (which seems to once have been a speakeasy). The ideal location is blocks away from Michigan Avenue/Corktown and the newly revitalized Michigan Central Train Station. Rare unique building with great potential once restored. Fire damage occurred during the winter season. Commercial includes: 1841 square feet, plus 549-square-foot garage and 2628-square-foot basement (likely a former speakeasy). Residential includes three townhouse units with average 1272.33 SF / unit. Common garden approximately 1500 square feet.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,810 SF
Building Class
C
Year Built
1911
Price
$235,227 CAD
Price Per SF
$21.76 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.09
Lot Size
0.12 AC
Zoning
R2 - Residential
Frontage
50’ on Junction St
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 16-013245 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $203,605 CAD |
PROPERTY TAXES
Parcel Number
16-013245
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$203,605 CAD
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