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5101 Trumbull St 5,886 SF 100% Leased Retail Building Detroit, MI 48208 $1,108,192 CAD ($188.28 CAD/SF)



Executive Summary
*Incredible opportunity! Two, almost identical retail spaces on first floor with second floor open area mezzanine* Loaded with character, all brick building with beautiful wooden interior built-ins* One unit slightly larger the other with kitchen and dining room* Directly across from Wayne State University* 3rd floor contains 3 apartments; one 1bedroom unit, one 2 bedroom unit and one 3 bedroom unit* Building is in very good condition with mostly new mechanicals* Prime area, lots of traffic for retail business! Purchaser could rent out all units or keep one side of building for their own business and rent out other side plus 3 apartments. Addresses are: 5101,5105 and 5109 Trumbull. Includes additional lot adjacent to existing lot on Putnam* Incredible value! All data and measurements deemed reliable but not guaranteed.*
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,886 SF
Building Class
C
Year Built
1912
Price
$1,108,192 CAD
Price Per SF
$188.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.87
Lot Size
0.15 AC
Zoning
SD2
Frontage
45’ on Trumbull
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-005838-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $283,143 CAD |
Property Taxes
Parcel Number
08-005838-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$283,143 CAD
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5101 Trumbull St
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